ES Journal - 2013

Discussion in 'Journals' started by Trvlwanderer, Jan 3, 2013.

  1. -4
     
    #8741     Dec 11, 2013
  2. thanks g
    been a bit off today.
     
    #8742     Dec 11, 2013
  3. NoDoji

    NoDoji

    Trading range on the daily chart, 1770's are in play if this 20-day can't hold.
     
    #8743     Dec 11, 2013
  4. gmst

    gmst

    how is dvol-uvol looking like ammo
     
    #8744     Dec 11, 2013
  5. yeah looks like buyers are out holiday shopping today
     
    #8745     Dec 11, 2013
  6. I've never been good at trading these down days without practically zero pullback. Anybody have any good ideas / ways how to trade this besides randomly going short ?
     
    #8746     Dec 11, 2013
  7. ammo

    ammo

    uvol is flatlining
     
    #8747     Dec 11, 2013
  8. NoDoji

    NoDoji

    Yes, put up a 1-min chart (with a 1-min 20EMA if you like EMAs). Watch how price tends to pull back to the 1-min 20EMA and then turn back in the direction of the trend and test/break the previous new low. Find a way of entering that suits your R:R parameters :)

    ADD: Once a key level is reached, watch carefully for signs of support. Price is trying to hold here at the 20-day EMA, but since we had virtually a double top on the daily, chances are greater than average that the range low will be tested.
     
    #8748     Dec 11, 2013
  9. Visaria

    Visaria

    out 1793.25
     
    #8749     Dec 11, 2013
  10. Mkt like a duck that has been winged. Daily double top confirmed.
     
    #8750     Dec 11, 2013