ES Journal - 2019/2020

[Laissez Faire]

Strong market.

 

[Buy1Sell2]

BINGO. --And the cash gap today may constitute the second half of an island gap reversal up. We'll see----- Staying long on the analysis----.

And so it is----an island gap reversal up----------------Headed out to swing room.

 

[hafez50]

When you say scaling, @hafez50 - does that mean both adding to a losing position and adding to a winning position?

I normally go all in - all out, but have experienced a bit lately with adding to a winner when the market picks up a trend/momentum. I.e., adding contracts to a winning position in an uptrend. For example a new contract on each retrace.

Yes in regular trading times i will add to winning positions. But to be honest in these super volatile times i'll only add as its going against me

 

[theapprentice]

L 2713
STOP 09

 

[Buy1Sell2]

Lastly before I head out-----in order to allow winning trades to run, you must be able to ignore most weakness and sell signals. If you are a trader that sells at the first weakness, you will not be able to let winners run.

 

[theapprentice]

L 2713
STOP 09

-4

 

[Laissez Faire]

Trying a long from 77. Stop at 71. Targeting new highs and then some.

Come get me.

Flat at 2709. + 32,00.

May be the low retrace, but not willing to sit through in case it's a deep one. Still think we trade higher from here.

 

[theapprentice]

Flat at 2709. + 32,00.

May be the low retrace, but not willing to sit through in case it's a deep one. Still think we trade higher from here.

Nice one!!

 

[Noone123]

Yes in regular trading times i will add to winning positions. But to be honest in these super volatile times i'll only add as its going against me

Proper terms would be legging in and trailing out. The more price moves in one direction, the higher the probability of reversal. Trailing out at key resistance levels makes sense.

 

[Sekiyo]

Seller @ 2715
Nice resistance, currently.

Target 2663-77