Out @ 1313,50. -1,0 points.
Now I`m gonna take the nap I was supposed to take 90 minutes ago
See you at the close.
ES Journal Archive (2011)
- Thread starter Buy1Sell2
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Out @ 1313,50. -1,0 points.
Now I`m gonna take the nap I was supposed to take 90 minutes ago
See you at the close.
avg 16
closed out here for -1.25
Bout time for another lecture for not letting my trades run to targets.
that was a normal retrace of 5 handles after that drop..... the shorts are still not dead if we stay below 131750
Donna will probably Short here
need to pick off that 1312 higher low there.......
no loss trade none the less
down trend line is at 14.50 ish
What would Lindsey Lohan do ?
Donna will probably Short here
need to pick off that 1312 higher low there.......
no loss trade none the less
down trend line is at 14.50 ish
What would Lindsey Lohan do ?
I went long ES at 1314.50 with at target of 1317.50 after some TA indicators with stop below the lows. Now I know ES likes to back and fill, so had an order for another contract to go long at 1312.00.
At this point I shorted CL, it went 10 ticks in my favor and then reversed, it then went 14 ticks against me and started to come down again, and I got out with a small 6 tick loss.
ES went down to 1312.50 and seemed to want to go up, so I went long 2nd contract at 1312.50 and targeted 1314.50 to take 1 contract out. At this point CL made a double top, and to get back even plus a little I targeted 10 ticks, which I made easy, but should have really gone for 15 - 25 ticks.
So I am now positive for the day, and when ES hit 1314 and started to fall back, took 2nd contract out at 1313.50 which makes me now BE on the trade.
At this point, I am now able to bring my stop lower, and was looking to add a 2nd contract near the lows. I then targeted 1316.50 as my target. As ES hit 1316.00 and started to pullback, I got out at 1315.50 on market order with a 3 point profit for the trade and overall better profit for the day.
After making profits 5 days in a row with both Thur and Fri my best days, I am going to sim trade ES for the rest of day to prevent me from giving back profits. My thought on ES is its in a range right now with a positive bias with possible ability to break to new highs, so will be averaging into a sim trade now at 1314 and adding as it goes lower with stop below the low of the day.
I am doing better by averaging into my orders for ES with 2nd orders nearer to my stop since it seems close to impossible for me to pick the best point to go long or short on ES whereas CL its a little easier for me sometimes.
At this point I shorted CL, it went 10 ticks in my favor and then reversed, it then went 14 ticks against me and started to come down again, and I got out with a small 6 tick loss.
ES went down to 1312.50 and seemed to want to go up, so I went long 2nd contract at 1312.50 and targeted 1314.50 to take 1 contract out. At this point CL made a double top, and to get back even plus a little I targeted 10 ticks, which I made easy, but should have really gone for 15 - 25 ticks.
So I am now positive for the day, and when ES hit 1314 and started to fall back, took 2nd contract out at 1313.50 which makes me now BE on the trade.
At this point, I am now able to bring my stop lower, and was looking to add a 2nd contract near the lows. I then targeted 1316.50 as my target. As ES hit 1316.00 and started to pullback, I got out at 1315.50 on market order with a 3 point profit for the trade and overall better profit for the day.
After making profits 5 days in a row with both Thur and Fri my best days, I am going to sim trade ES for the rest of day to prevent me from giving back profits. My thought on ES is its in a range right now with a positive bias with possible ability to break to new highs, so will be averaging into a sim trade now at 1314 and adding as it goes lower with stop below the low of the day.
I am doing better by averaging into my orders for ES with 2nd orders nearer to my stop since it seems close to impossible for me to pick the best point to go long or short on ES whereas CL its a little easier for me sometimes.
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