ES Journal - 2014

Out of the 1901 add here at 1906.5. Will keep the remainder two positions till 1926 for now.

 

No offense but why are so certain that we will see 1926 again anytime soon? This could lose another 100 points before bouncing... we've gone straight up without a correction so a 8-10% correction certainly isn't improbable.

 

For the same reason I was certain yesterday that we were going to go to 1924 which filled my order. It's called bi- directional volatility

Your premise might come true though one day. Have faith

 

would expect this area to be support, which would lead to squeeze back up tmrw

 

DIA at 200 day ma, IWM below 200k day, SPY and QQQ still above 200k day. Nice multi way pair trade set up.

 

I think that was just bear flag consolidation, the direction of least resistance in the near term is down (we are getting LHs and LLs) and 26 is higher than the last LH, its not going happen unless there is a trend change, still can't see the rationale of your trade.

Btw it looks like you got stopped out again, 1891.5 ETH lows.

 

Long 10.75 stop 4 ticks.

 

Out 12.50 +7 ticks.

 

Short 13.25 stop 4 ticks.

 

+4 ticks.