ES Journal - 2016

Of course there's that head and shoulders formed over the last week but who is afraid of those haha. I don't swing trade but 27 now fills that eod break down and the break of the 23.25 low from last week was already rejected so whats the fear for a swing trade long?

 

Swing trade long 2126.50 Initial stop 2114.00

 

Stopped out for 12.5 pt loss

 

I remain on the sidelines with respect to over 80 percent of my TLNW (as indicated here).This market is and has been toppy for quite some time. I will re-enter at a time in the future.

 

You have been using a trend trading approach in a very rangy market which is why you now feel forced to sit it out.

 

I'm not sitting out of trading. I just continue to be in cash in the bulk of my portfolio as I have been for quite a while now.

 

Of course you have been..Maybe a good time to post your YTD PNL for this journal.

 

Hey RRY....
Short AAPL bro. $113.90

 

WTF IS UP WITH TODAYS TAPE. OMG ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ.

 

What do you mean, this is great for an inside day