ES Journal - 2016

Same

 

2268?

 

its only a few points away..FOMC day

 

Provided I am not stopped out, I will roll into March tomorrow.

 

Exited Dec contract at 2257.00 and rolled to Mar at 2252.00. Stop is at 2178.00 on the Mar contract now. 56.5 pt profit banked on first leg of trade.

 

Do you consider the march position another buy signal/trade, or is it a continuation of the December contract buy? If it is the later the profit is not banked theoretically even though it is in your account. Correct?

 

It's a continuation. --Correct on the not banked part. Trade could still lose money

 

Day trade Long 2248.25 Initial stop 2246.00

 

Out at 2249.00 for .75 point profit