<b>ES 54 contracts traded, three round turns, -2pts, -$5,400</b>
Tried to short below R1 failure this morning and again below pivot point failure... fills missed to the exact tick each time.
Trade #1 short stopped at 0
Trade #2 short (past 1:00pm) stopped at -1pt
Trade #3 long stopped -1pt
Missing fills in the morning made/broke the day's results. Last two sessions have been power moves inside first hour, then coil & slam patterns for the duration.
All or nothing extremes in the tape right now... either catch the fleeting entries ahead of surge moves or miss out. Simple as that :>)
Best Trading Wishes
[Edit] six minutes after last -1pt stop was hit, ES explodes on buy programs. Now up +9pts from entry and soaring. It's all about holding into program slams these days. FOMC minutes at 2:00pm tomorrow... same probable pattern