ES Journal - 2017/2018

The bounce bottom will be probably somewhere between 2620-30 SPX.

The hard thing is to convince others to buy in.

 

right , ok, now what , bail, or double down

at least you told everyone to buy $twtr

right?

 

those 1/2 point stop losses rock

 

Come on, everybody on board the gravy train!!!

50 points gain guaranteed!

 

mkt is on speed

if yor knot, stay in bed

 

Ill advised trade. We didn't take out my stop but we will likely on this go round. I'll let it stop me out.--or turn into a winner.

 

I bought much too early. Entry should have been 2622 with stop at 2589. I'll let this play out and see what happens.

 

If I had waited until 2622, I'd be ahead 17 points now. My earlier trades were way too early. Reason--I didn't consider context of 3rd time frame. This is still precarious and could easily go back down and take me out since 3rd time frame still does not agree fully.

 

Back to breakeven. That is an insignificant milestone. The market doesn't know what my breakeven is and doesn't care.

 

Long again at 40. SL at 30. Target low 60s.