ES Journal - 2017/2018

I'd better just get out on the day trade. Out @ 2819.75 for gain of 8 points.

 

I may have sold the low there, but I'll attack it another time.

 

This is a completely meaningless statement, because the price is so far away. Unless you meant 2750.

 

My belief is that this 2800 to 2815 area will hold as new support--specifically 2810. I will hold my swing trade long for now looking for much higher prices. I'll likely not have a stop in place for the few minutes around the jobs report.

 

Long term floor

 

Good to see you making nice progress intra-day trading, B1S2.
Drop your bias, you'll do even better!
No muss, no fuss... next!

Trade On!

 

Long for the last 10 min or so 2821.00 Initial stop 2806.50

 

Out @ 2824.25 for gain of 3.25 pts.

 

I don't understand the lopsided r:r ratios on your daytrades ? Risk 20 for 9?

 

The idea was to gain a lot more than that but the market stalled out and pulled back. There was quite a bit of volatility yesterday so I needed to set a stop that would not likely be taken out with noise.