ES Journal - 2019/2020

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

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  1. NQurious

    NQurious

    So you saw the entry on the 15 and 45 but took the second entry on the 15 after the div on the 45?

    Isaw the entry on the 45 and just reverted to my habit of watching for support/res building at a level and on the 15 that 13.75 was pretty clearly getting high demand hence the 14 limit buy
     
    #5871     May 6, 2019
  2. NQurious

    NQurious

    flat
     
    #5872     May 6, 2019
  3. speedo

    speedo

    I Passed on the 15 10:58 as the 45 was diverging and the 13.5 looked likely to do the same. Never know which entry in the series is the last but the Div's speak to me....unless the trend is very powerful.
     
    #5873     May 6, 2019
  4. tdeu

    tdeu

    I think it depends what you're comfortable with
    for me it's easier to buy the two marked bars lmt C, when I see a nice black body closing at support

    it probably also depends on the time frame and chart type

    [​IMG]
     
    #5874     May 6, 2019
    tenny1886 likes this.
  5. speedo

    speedo

    This trend is pretty sturdy so a matter of choice....breakfast
     
    #5875     May 6, 2019
  6. I am no longer into candle formation, for me the ideal signal is price movement at key levels and patterns it forms at those levels. I have a separate signal for patterns and since for me transitioning into longer plays is very important as scalping is not sustainable in long run atleast for me, due to upcoming travels. I am trying to limit trades to less than 10 a day and try and get some home runs. for me support, resistance ( strong ceiling and floor, minor tops and bottom takes precedence over all). combined with momo signal, top and bottom pattern signal and price movement along with key levels marked i am transitioning into longer term plays now.
     
    #5876     May 6, 2019
  7. tdeu

    tdeu

    at least for the "ceiling and floor, minor tops and bottom" I'd keep that candle chart
     
    #5877     May 6, 2019
    tenny1886 likes this.
  8. tdeu

    tdeu

    more up, now that we're closed above 20.75
     
    #5878     May 6, 2019
  9. NQurious

    NQurious

    So you're long at 20.75? We need a stop for journal integrity purposes.
     
    #5879     May 6, 2019
  10. Yes i am comfortable with the trending candle sticks for now, mainly due to having them on my chart from the beginning. For bottoms and tops i rely on my signal. Anyways i am hoping for good results, as it will be low risk entries and will take trades only with very high probabilities. Looks like i have most of the setup i would need already, now to develop the discipline side of trading along with risk management especially eliminating drawdowns or keeping it to bare minimum.
     
    #5880     May 6, 2019
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