ES price action scalping [5min]

Discussion in 'Journals' started by Ninja Mobile Trader VPS, Apr 29, 2021.

  1. 6/4/21
    • -$50 (-2 tick, 2 contracts)
    • Stopped out for a small loss.
    • Comparing the overall setup of the day and resistance levels to other days to see if there's anything that can be learned from this.
    upload_2021-6-4_9-58-43.png
     
    #61     Jun 4, 2021
    SimpleMeLike and cafeole like this.
  2. Ninja Mobile Trader VPS,

    Keep dancing with the woman you brought to the party.
     
    #62     Jun 4, 2021
  3. Classic strong accumulation up today. I miss last month when everyday (first half of the month) had a clean 1-2-3 pattern at open...
     
    #63     Jun 4, 2021
  4. 6/7/2021
    • +$625 (+25 ticks, 2 contracts)
    • Skipping the stop loss trail on inside bar has been working out really well! Overall has made a lot more than the times it led to a larger loss.
    • I received many questions amongst my group about today's trade so I wrote out the rules on the chart.
    upload_2021-6-7_9-43-12.png
     
    #64     Jun 7, 2021
  5. 6/8/21
    • +4 ticks
    • Recorded a quick scalp at open today.
    • Had it not been stopped out, the downtrend continued for +37 ticks!
     
    #65     Jun 8, 2021
    cafeole likes this.
  6. 6/9/21
    • -5 ticks
    • The entry setup today was waiting for the first bar to close to give direction. It was a failed breakout so placed a sell stop limit order 1 tick below it. Unfortunately stopped out for a 5 tick loss, but was +12 ticks at one point
    • Today is turning out to be a low volatility churn day. It's already been 2 hours since market open and the entire trading range is only 9 points.


    [​IMG]
     
    #66     Jun 9, 2021
  7. 6/10/21
    • +13 ticks
    • Opening breakout setup
    • Last day trading ES 06-21
    upload_2021-6-10_9-13-5.png


    6/11/21
    • First day trading new ES 09-21
    • No trade setups
    • No opening breakout and no 1-2-3 reversal patterns
    upload_2021-6-10_9-14-21.png
     
    #67     Jun 11, 2021
  8. 6/14/21
    • No setups today during the 1st hour.
    • Had a sell stop limit order placed 5 minutes into open, hoping for the breakout the continue, but had to cancel the order when the 2nd bar didn't trigger it.
    upload_2021-6-14_12-22-49.png
     
    #68     Jun 14, 2021