ES Journal - 2019/2020

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

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  1. Huyang

    Huyang

    thank you very much for taking time to share your experience. I believe what you said. I donot trade based on 1m or 2m charts only. I take trades based on three time frames, sometimes, using three tick charts. I watch 5m, 2m, 1m to get a feel on how those three coming together. Yesterday i got a insight: since the market is a flow and market does not know any bars, then entering /exiting at market when market show us the urgency to enter/exit is an excellent idea if a trader really knows how to read the chart relatively accurately.

    I was looking again yesterday at your long trades: first long around 14, stop around 09, then long again 10.75, stops 02, 11.75, 21.75, 27, exit at 34. it seems that you are using the price levels market telling you but not the H1 or L1 from one particular chart. By the way, how do you decide those stops? Do you use H1 to enter long? thank you.

    I think someday i will take swing trades using 5m chart, then i will rewatch 5m charts for one month and 5m only. For now i need those three charts to be consistent with what i have been doing besides feeling the flow of the market. Thank you very much for sharing your insight again.
     
    Last edited: May 15, 2020
    #23781     May 15, 2020
  2. Cessna06P

    Cessna06P

    Are we going quietly into the close or does anyone see any big moves coming?
     
    #23782     May 15, 2020
  3. just made my broker happy churning on this up move. I’m confused so I’m sitting out
     
    #23783     May 15, 2020
  4. Cessna06P

    Cessna06P

    L46
     
    #23784     May 15, 2020
  5. Cessna06P

    Cessna06P

    -1
     
    #23785     May 15, 2020
  6. schizo

    schizo

    Short 45.50 sl51
     
    #23786     May 15, 2020
  7. schizo

    schizo

    -4

    Flip long 49.50 sl43.50
     
    Last edited: May 15, 2020
    #23787     May 15, 2020
  8. Cessna06P

    Cessna06P

    past 20 minutes lacks all conviction.
     
    #23788     May 15, 2020
    schizo likes this.
  9. schizo

    schizo

    PA feels a little jittery, ain't it?
     
    #23789     May 15, 2020
    IB_Dude likes this.
  10. IB_Dude

    IB_Dude

    I am not a skilled enough trader to trade this hour, so I keep my powder dry to live another day. It's been a decent day.
     
    #23790     May 15, 2020
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