S/R Emini Journal

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Quote from Patricio:

Nice one Gary.
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Thank you, I was hoping the breakout of that pennant would give me my 2 points.

Now to tell the truth. Going 7 days trading days without a trade was starting to work on my psyche. I had to keep telling myself I was right not to trade. So I was needing this one.
 
Quote from 4re:

Thank you, I was hoping the breakout of that pennant would give me my 2 points.

Now to tell the truth. Going 7 days trading days without a trade was starting to work on my psyche. I had to keep telling myself I was right not to trade. So I was needing this one.
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Actually, I learnt a valuable lesson here. As I said before, I scalp based on various scenarios. My method does not like trending markets so I may get hit 2 or 3 times in a row. I did not take the short at 1314.5 based upon your theory and the fact that the 3rd run at a resistance is usually broken. You saved me a couple of losses, thanks!
 
Quote from Patricio:

Actually, I learnt a valuable lesson here. As I said before, I scalp based on various scenarios. My method does not like trending markets so I may get hit 2 or 3 times in a row. I did not take the short at 1314.5 based upon your theory and the fact that the 3rd run at a resistance is usually broken. You saved me a couple of losses, thanks!
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Then we both made out alright. That is what it is all about...:)

I have an order to go long at 1318 right now based on a breakout of this flag. It is a half order and will just scalp it. MO for exit.
 

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Quote from 4re:

Then we both made out alright. That is what it is all about...:)

I have an order to go long at 1318 right now based on a breakout of this flag. It is a half order and will just scalp it. MO for exit.
More...


what happened to 2 points and done for the day ?

:p
 
Quote from volente_00:

what happened to 2 points and done for the day ?

:p
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Might still be the case as I am not in yet. And I don't have a lot longer to sit and wait.
 
Quote from volente_00:

what happened to 2 points and done for the day ?

:p
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LOL. No one can abide by that rule. That is like the person who says "I am just going to eat 2 potato chips"


never going to work
 
Quote from TGM:

LOL. No one can abide by that rule. That is like the person who says "I am just going to eat 2 potato chips"


never going to work
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I do pretty good at it when the market gives it to me constantly. When the market slows like it has I figured I owe it myself to make a few extra bucks if opportunity arise.
 
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