ES Journal Archive (2011)

hmmmm.......dip in AH to around 1292 then a nice drift above 1300 for the open?

TDAY on the horizon, and TDAYS are for lovin!

 

Closed below, but it was too late in the day.

+ 0,5 points for the day on one trade.

 

Full time since 2006, profitable since 2009, increasing size every year, new size in 2011 still not enough size but it's not like I woke up one day and 500k fell out of the sky for me. New size in 2012 and by 2013 enough to pump my chest.

Trading for a living + living expenses and medium capital is a pain in the ass.

 

eur/usd just pounding on resistence and looking for a cue to breakout. ES looking to follow like a spring. Buy the res, or run and catch up? doubt if we have a retrace to get it...it's gonna drift.

 

1 day at a time,a jouney not a race

 

This dragon thingy is getting repetative, but there is a giant one on the 10 days/hourly chart. Indicating a 1282+26 (SPX) 3rd top. (1305 ES)

 

That's how to make money from the ES.
Take advantage of its upside bias.

 

Short ES 1291,75 stop 1293.75
target 1287.5
rationale: downtrending and under Pivot Point

 

You will never have more time than you do right now

 

R4: 1324.33
R3: 1313.58
R2: 1302.83
R1: 1298.83
PP: 1298.17
S1: 1292.08
S1: 1287.42
S2: 1281.33
S3: 1270.58
S4: 1259.83