ES Journal - 2017/2018

Made another try at the 38.2 and got shot down, hourly candle just closed bearish aswell.

 

Loss of 5 pts. So you see, it's not a good idea to trade countertrend. I hope this has helped some.

 

Trending down until 2639 now is my hypothesis.

 

Intraday trend is now up

 

Long 2660.00 Initial stop 2653.75

 

Retesting the 38.2 bigger chance to break through this time.

Reversed to a long position.

 

This is bizarro world, rty plumbing yesterday's range and everything else building a ledge above. If I wasn't short would be getting a position on in the 70-80 range.

 

Stop raised to 2663.25. We're at 2673 now.

 

Out at 2672.50 for gain of 12.5 pts

 

Closed all day trades with a loss, I seem to be doing much better with my longer term trades so keeping them open and calling it a day, good luck everyone!