The ER2 Trading Journal

[trade_4_living]

Most indicators point to go down, but the price is hanging on near HOD and above major MAs. Should be very interesting. Someone has to give up. Either long or short.

 

[ozzy]

I waited one fucking hour for that puke. Die you SOB ER2.

P.S cover here 689.

 

[trade_4_living]

688.4 is the bottom in the morning.

 

[trade_4_living]

short on this pop up.

 

[ozzy]

Careful.

I would not be suprised if it snapped back to close at ORH (60M HIGH). I made my 10 points today time to reduce risk.

P.S I would wait for a good signal ie 1-2-3. Instead of trying to nail every single move.

 

[trade_4_living]

Covered here 687.20

 

[ozzy]

Nice. Congrats.

 

[trade_4_living]

Play a long here 687.3 with a tight stop at 686.90

 

[trade_4_living]

Out half 688.20

 

[trade_4_living]

I used the 75 tick chart to play this, missed the first chance to selll at 688.20, almost stopped out at 686.90, won't miss the second chance to sell.

The long-term MACD (two green lines) really helped me to stay in the position.