ES Journal - 2017/2018

Yeah, I got tagged at the bottom twice around 48.25. Except for the stopping out part they were perfect entries

 

Sold 2760.50 12 tick St trgt 58.25

 

S 59.75 on a stop
PS 59.75
Made a little something on it and look to find another short

 

You're in a good mood. Funny how being up well over 150+ will do that.

 

S 59.25
Added 60.25
PS 63.50 oco 58.25 limit

 

Good entry, good trade thesis, good stop level....good trade in every respect except I just didn't pay enough widening the stop.



That's schadenfreude if every I've seen it.

I know that's the kind of liquidity mistake I was talking about learning yesterday....Also, I would have been more aggressive on the entry if I was doing that trade on stocks. I'm still not comfortable with the price action with only 1 exchange in the mix to stand my ground for a good fill. So I know it's a learning experience....doesn't make that trade any less frustrating.

 

In chop now, no conviction either way imo

 

Top of bear flag channel on daily. If this is longer term hold and this level is rejected you will make out handsomely. Good luck! I am still short half my position from 2717

 

I'm out at 58.50. Touched 25, but no fill. That's good enough for me.

 

This continued consolidation is not positive for shorts.