Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.
made buck and BE
Have 4 point stops on others.
Still potential to bounce down off of 2268 but trend remains long.
LONG LONG LONG 2273.00
Out for a while. Will let it run with stop still in place. We're currently at 2276.75
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
Out here at 227.81
I am very emboldened by the RTH close and am looking towards building on that tonight and tomorrow.
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.
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?
"Turn those machines back on---"
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