ES Journal - 2019/2020

Discussion in 'Journals' started by Buy1Sell2, Dec 19, 2018.

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  1. looking a bit better now. Stop at BE
     
    #22141     Apr 29, 2020
  2. See attached chart.

    2880,50 was the RTH Close from the 10th of March.

    As such 81,25 was a long term gap fill + 3 ticks and not a random number.

    71,75 was just above the 2-Week RTH High at 2871, so not a random number either.

    So, the numbers may have been randomly chosen by you, but they're actually key technical levels. This is why I first warned you to put your stop at 75 instead as there was a small chance we could form a double top there.

    As for stop runs - I've been paranoid about that too as I've been low ticked/high ticked on quite a few occassions, but I'm checking it off as paranoia for now.

    NonRandom.png
     
    Last edited: Apr 29, 2020
    #22142     Apr 29, 2020
  3. I hear you, man. Yesterday was a clear short for me when one of my anticipated scenarios went into play, but I was still nervous and had to sit through some retraces before the market finally started dropping with momentum.

    Even if the market drops - you typically have to sit through 10-15 point fast retraces.

    I made a post yesterday that passed by in silence. Would have liked your input as an experienced ES player if you don't mind:

    ES Journal - 2019/2020
     
    #22143     Apr 29, 2020
    ElCubano likes this.
  4. I believe hunting for stops is a real thing sometimes, but not YOUR personal stops and probably not because you post them here. Quite often it is pretty easy to predict where a lot of stops are grouped, making them a target.
     
    #22144     Apr 29, 2020
    oraclewizard77 likes this.
  5. out +20
     
    #22145     Apr 29, 2020
  6. IB_Dude

    IB_Dude

    You pull some nice trades, man. *Thumbs up*
     
    #22146     Apr 29, 2020
    theapprentice likes this.
  7. NQurious

    NQurious

    Until last week we never saw negative price mark to markets. You put up $12k to buy one contract, and the contract goes to -$36 and settles your margin call is coming and it isn't going to be pleasant.
     
    #22147     Apr 29, 2020
  8. Thanks. I don't really like them swing type trades , but they're the only ones I am posting here for now. Too busy in a chatroom now to post all my intraday attempts here too! Plus i'm way inconsistent, anyway lol.

    I took it on my spreadbet account as I like to trade swings with really small size so that I don't feel like crying when I get one wrong and take a 40 point loss!

    ps - I'm preferring globex to RTH recently, though. Anyone else? Just me? It just feels more 'technical'

    decent morning. Hoping to not give too much back after the open!

    upload_2020-4-29_12-24-28.png
     
    #22148     Apr 29, 2020
    Spooz Top 2 likes this.
  9. virtusa

    virtusa

    I agree.
     
    #22149     Apr 29, 2020
    Spooz Top 2 and theapprentice like this.
  10. IB_Dude

    IB_Dude

    GILD Halted
     
    #22150     Apr 29, 2020
    vanzandt and EON Kid like this.
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