ES Journal - 2017/2018

Staying long here. We're at 2329.00

 

Stop raised to 2326.75. Pricing is currently 2334.75

 

2370ish is target for longs.

 

Will take profit at 2339.25

 

Mine is a day trade. I may take a swing/position trade later.

 

I would normally put the swing trade long on right here, but I already have the day trade working, so I will review after I exit the daytrade. Likely , my swing trade will then be done at 4 times leverage instead of the usual 10 times due to the size of the stop I'll need to put on.

 

Stop raised to 2331.00

 

Target hit for gain of 18.75 pts

 

Swing trade entered at 4 times leverage instead of 10 here at 2339.50
Initial stop 2298.00

 

I likely entered the swing trade a bit high. There should be some pullback before it takes off if it indeed does. That's why I need the larger stop and reduced size.