ES Journal Archive (2011)

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I don`t like the current sleepy and choppy action, but I guess it is natural during this time of the day.

The market rose on very high TICK readings and have barely dipped below zero for the day, with the lowest reading at -275.

Even though I don`t fancy the current price action (all those dojis and small bars make me nervous), I`m entering a long @ 1303 anticipating a test of the daily highs.

Stop @ 1301,50.
 
Thanks for the chart and advice, ammo

Quote from jjf:

Anyway, just a couple of thoughts.
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And I appreciate those thoughts, jff :)

I use a 60-minute ETH chart that I use to reference levels and overnight movement. Occasionally during the trading day, I reduce it to 30-minutes and 15-minutes to observe what`s happening on those frames.

Sound alerts on levels might be wise. I`ve thought about it, but never implemented it. That way, I could take a light nap on my bed or multi-task if nothings happening and avoid overtrading at the same time :D

Best regards,

LF
 
Currently pulling back on the day`s lowest TICK readings, but still not very negative (-600).

Not seeing a test of the highs today? Or will we pull back more than I anticipated before we do so?
 
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