Wowser are you scalping SpecX? I had days like where i traded 80x80 ES and i was not a scalper. Sometimes these choppy limited range days can get the best of you, over trading on days like this used to happen to me often. That is why i simply left the screens for a long time today because i was expecting the balance consolidation after the first rally failed to break 35. Taking too many trades just kills my analysis, my mind and everything else - ends up leaving angry for the day. Try to limit the number of trades you do or take a break from screens on days like this, especially from 11:30 to 13:30. Good trading to ya SpecX
Calling it a day here. Got lucky with 2 nice trades today which made my dollars. 5x5 ES traded. +13 ES points Net: +$626.00 Very good start to the week. Good trading to all. See ya tomorrow.
Market is looking very weak right now. It will be very interesting to see which way we open. Ideally i would like some more consolidation around yesterday's range. I am on sidelines on both accounts.
I don't think i will be trading today however which is a shame considering my recent good form. I think i have blown out my knee again, went to the gym in the morning and it simply gave way on a heavy set of squats. Lucky for the power cage otherwise i would have been flattened Will be off to see my knee specialist during RTH so may miss most of the day as he has scheduled a few scans. Most likely i have Meniscus tear, i hope my ACL is not ruptured again. If so will be back in surgery as soon as i can to get this sorted.
Here is a simple 15min chart. Its seems to be bouncing of that lower trend line and coiling. Ideally a nice buy 1310-1312 region. 15min is still in a downtrend so no longs in my swing account just yet. If we break below that 1310 region then i really have no idea how much lower we can go. It is coiling here so i am sure there will be a big move to upside or downside hopefully sometime this week.
Another view of the daily which seems to be approaching the big buy zone here. Still in a sideways range between 1310 -1400. Nothing much changed here - really want to see how we react of that buy zone, it may provide an excellent swing long opportunity.
Okay guys i think i am going to relax for awhile - knee has swollen up and feeling very messed up. Hopefully back later today. Good trading day to all.
what a day! like a bus there is always another great one around the corner. Hope your knee's alright..