ES Journal - 2017/2018

Can only use 6 times leverage since I have 4 times already tied up in the swing trade.

 

Never understood why people say trading the open is so hard. Most days on ES, it does the same old stuff. Oversold and support at the open. Hit the double ledge resistance from pre-market on declining volume at the highs. Same ol' same ol'.....Rinse and repeat !

 

rare to see a broadening formation continue this long after open IMO. Get the popcorn out !

 

Out at 2341.50 for 6.5 pt gain

 

nice trade. Think u left at least another 10 on the table though in the next 30 mins or so. Hope I'm wrong !

 

Could be , but I can always get back in if I want.

 

well im wrong !

 

Would like to get past 44 here to show strength. I still think we have 49.5 to contend with but if we can get above that , it could be our new floor.

 

perhaps just temporary. We'll see.

 

This 2337.25 is an important area b/c its that bullish elephant bar's low. If we can't hold above it, it should be the climactic point for some more selling.