ES price action scalping [5min]

6/4/21
  • -$50 (-2 tick, 2 contracts)
  • Stopped out for a small loss.
  • Comparing the overall setup of the day and resistance levels to other days to see if there's anything that can be learned from this.
upload_2021-6-4_9-58-43.png
 
Classic strong accumulation up today. I miss last month when everyday (first half of the month) had a clean 1-2-3 pattern at open...
 
6/7/2021
  • +$625 (+25 ticks, 2 contracts)
  • Skipping the stop loss trail on inside bar has been working out really well! Overall has made a lot more than the times it led to a larger loss.
  • I received many questions amongst my group about today's trade so I wrote out the rules on the chart.
upload_2021-6-7_9-43-12.png
 
6/8/21
  • +4 ticks
  • Recorded a quick scalp at open today.
  • Had it not been stopped out, the downtrend continued for +37 ticks!
 
6/9/21
  • -5 ticks
  • The entry setup today was waiting for the first bar to close to give direction. It was a failed breakout so placed a sell stop limit order 1 tick below it. Unfortunately stopped out for a 5 tick loss, but was +12 ticks at one point
  • Today is turning out to be a low volatility churn day. It's already been 2 hours since market open and the entire trading range is only 9 points.

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6/10/21
  • +13 ticks
  • Opening breakout setup
  • Last day trading ES 06-21
upload_2021-6-10_9-13-5.png



6/11/21
  • First day trading new ES 09-21
  • No trade setups
  • No opening breakout and no 1-2-3 reversal patterns
upload_2021-6-10_9-14-21.png

 
6/14/21
  • No setups today during the 1st hour.
  • Had a sell stop limit order placed 5 minutes into open, hoping for the breakout the continue, but had to cancel the order when the 2nd bar didn't trigger it.
upload_2021-6-14_12-22-49.png
 
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