Not a bad day for me to start this thread. Can't promise I'll post everyday but I'll try. I'm a simple man with very few words, so don't expect too much from me. 10:00 - Long ES @ 898.50 15:28 - Exit Long @ 909.50 * Coming off a strong support Total: 11 Points
DraXon - Great job. I, too, exited when the ES broke that support area. I trade the 2-minute bars usually, but on days like today the 5's can be a real friend. After each pivot just ratchet up the old stop. Keep 'em coming.
Don't get me wrong - I don't average this many points usually! Wait till you see me trade those horrible choppy days. 09:32 - Long ES @ 920.50 14:18 - Exit Long @ 930.50 * Reason for entry: Continued strength * Reason for exit: 4 point trailing stop Total: 10 Points
Traded very level-headed today. Almost mechanical. This is what I strive for every single trading day. 09:50 Long ES @ 932.50 10:30 Exit ES @ 936.50 * Reason for entry: bouncing of support . . . showing strength * Reason for exit: hitting resistance 11:00 Short ES @ 932.50 13:47 Exit ES @ 928.50 * Reason for entry: clear resistance. * Reason for exit: 4 point trailing stop 13:47 Long ES @ 928.50 15:20 Exit ES @ 934.50 * Reason for entry: reversal from previous trade. * Reason for exit: closing time looming, taking my profits. Total: 14 points
DraXon, You're doing very well. I like your simple-but-effective approach to trading ES. Looks like you just use support and resistance along with trailing stops, and it works for you. Congratulations.