ES Journal - Support/Resistance - From scratch

Took this trade a couple of minutes ago. Here is my logic.

Took the trade as it ran up to 953.50 and set my entry for 953.25 incase it bounced down or didnt quite hit it. I think it was a good spot to try to enter because my spot was 953.50 the PP was a little under at 952.25 and so was the .618. The VAH was a bit higher. I was a little hesitant that it charged up so fast but it did come out of the BB and the level was pretty strong to start with.

I was an idiot and not prepared with my atm strategy and didnt realize I was into the trade w/o a stop until I entered. If my atm strat was in line, I would have made an extra 2 ticks.
 

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Just an observation. The BB that ESResistance recommended putting really make spotting consolidation easy. It helps me recognize when the market is to violent and to stay out of the trade until it starts to consolidate a bit. Just a note
 
I am still working on getting my money management down. I have 3k in my sim account and during the market hours in the ES I trade the following.

5 tick stop loss
@ 3ticks profit stop moves to -5 profit
@ 6ticks profit stop moves to -3 profit
@ 10ticks profit , stop moves to -4 profit

then manage to capture as much as possible looking for a 1:2
 
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