Recap for the day: 2 for 2 today giving pause trade of +4pts ES and +3pts ER. Reversal was early in the morning. Strong trend day up. There was no other reversal setups. The system did a good job of staying out of trouble of shorting a trend day. Happy Holiday
Roadmap have 3 more trades. Results are as follow: Long ES 1491.25 for +5pts. Long NQ 2135.5 for over +10pts Long YM 13431 for +30pts Total for today are 5 trades resulted all winners. Not too shabby for a system that is counter trend trading. Take care y'all.
Here is tomorrow's roadmap. Chances are it will be a consolidation day which should be good with this system. But we we'll see. Nothing is set in stone. One thing I learned from one of the member at ET is his use of the acronym M.I.N.D which stand for May I Never Dictate Market. I keep this in mind which serve as a good reminder not to fight the market but go with the flow. Good luck trading tomorrow.
Update: So far I have 3 triggers early in the morning. Results are: Short ER 786.1 at 4:16pst: Looser for -2pts Short ES 1501.75 at 4:48pst: Winner+6pts Short YM 13551 at 4:54pst: Winner+40tps The YM came within 4pts of touching the line. That is fine. If you read my post in the beginning sometime prices does not touch the line. For YM, when prices come within 7pts of the line, I start to look to enter the trade.
Hi Folks. Here is the wrap up for last friday. There were total of 5 trades resulted in 4 winners and 1 looser. Short YM 13551 Winner Long YM 13389 Winner Short ES 1501.75 Winner Long NQ 2114.5 Winner Short ER 786.1 Looser I won't be posting my S/R Roadmap for awhile. Probably will resume in the middle of January. Good luck trading.