ES Journal - 2017/2018

Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.

  1. Handle123

    Handle123

    made buck and BE

    Have 4 point stops on others.
     
    #681     Feb 2, 2017
  2. Buy1Sell2

    Buy1Sell2

    Still potential to bounce down off of 2268 but trend remains long.
     
    #682     Feb 2, 2017
  3. Buy1Sell2

    Buy1Sell2

    LONG LONG LONG 2273.00
     
    #683     Feb 2, 2017
  4. Buy1Sell2

    Buy1Sell2

    Out for a while. Will let it run with stop still in place. We're currently at 2276.75
     
    #684     Feb 2, 2017
  5. Buy1Sell2

    Buy1Sell2

    Back--It's possible that I am dim-witted, but I just continue to see long. Maybe the push will be tonight or tomorrow. We do still have 45 minutes here. I remain long
     
    #685     Feb 2, 2017
  6. Out here at 227.81
    +42c
     
    #686     Feb 2, 2017
    Handle123 and Buy1Sell2 like this.
  7. Buy1Sell2

    Buy1Sell2

    I am very emboldened by the RTH close and am looking towards building on that tonight and tomorrow. :)
     
    #687     Feb 2, 2017
  8. Handle123

    Handle123

    4 PT stop held on this one and made a buck and a tick.
    L 76.00 lost 4 bucks twice, I forgot to set the volume stop, geeez

    But I did learn some interesting nuances. I am trading ES but taking off the signals on different new instrument that I have made by combining 2 other instruments, I can take trend trades & Scalping on ES using 50ma, but other instrument signals much better by using the ES trend. Now I just use regular old RSI14 and look for DD/TD double/triple divergences based on closes and that stops me from taking more signals, also when RSI goes beyond 70/30 stops trail on each bar. What I really excited about is when I get DD/TD, I can use shorter ma on new instrument and when that changes trend, I can scalp with high percentage plays and most of the time the trend on ES changes.

    The morning was more rewarding than afternoon, I do hope all of you did well.
     
    #688     Feb 2, 2017
    JefeTrader likes this.
  9. Buy1Sell2

    Buy1Sell2

    Nice. Since you weren't planning on holding overnight, I can see the reasoning for the smaller stop that you used. One question though---when you took the first trade, SPY was overbought or nearly so on the 5 min chart. When you took the second trade, we had had pullback. Why did you take the first trade?
     
    #689     Feb 2, 2017
  10. Buy1Sell2

    Buy1Sell2

    "Turn those machines back on---"
     
    #690     Feb 2, 2017