Journal for ES(performance test) and for SPY/AAPL/Equities(live account)

Discussion in 'Journals' started by trdes, May 11, 2017.

  1. trdes

    trdes

    I got out at 84.25 for +0.25. Looks like better chance for pullback now, but I don't like how slow it is and as previously discussed did not take proper entry nor setup.
     
    #21     May 11, 2017
  2. trdes

    trdes

    This is poo poo now going into 12pm mode. Just going to stay away for now, not worth getting trapped short or long in the middle of range here. Typically we'd see at least 83/83.25 here in my experience but slow action tends to favor longs, not worth it here for me.
     
    #22     May 11, 2017
  3. trdes

    trdes

    Well there it is the 88/89 range I been expecting for most of the day per previous post/comments, unfortunately was more difficult to catch / stay long than I wanted, but I caught some of it.
     
    #23     May 11, 2017
  4. trdes

    trdes

    Will not be shorting here, as looks like they've trapped some shorts here expecting 88-89 to provide some resistance, but don't feel like trying to catch the top in this scenario and not willing to lose 1-2 points on this trade.
     
    #24     May 11, 2017
  5. trdes

    trdes

    Glad I didn't follow the trapped shorts into this one, above 89 here I'll be looking at 91 next, unfortunately don't see a trade to take long or short here, not good enough risk/reward.
     
    #25     May 11, 2017
  6. trdes

    trdes

    Well can't deny shorting the 88-89 resistance would of been profitable so far multiple times at least for a scalp so far if nothing else, I just didn't / don't like the setup here, given circumstances, so will have to miss it if deeper pullback comes.
     
    #26     May 11, 2017
  7. trdes

    trdes


    That's close enough to 91, I know doesn't help much to talk about level if you're not in the trade, would of liked to of been long to it, but did not see an effective way to really enter long with good r/r.
     
    #27     May 11, 2017
  8. trdes

    trdes

    This is more poo poo I hate these force short covering setups when I am not long, there's nothing I can do here don't want to chase long and don't feel like getting trapped in a short, since I don't typically hold overnight.

    95 may be good for at least a scalp, but given time of day don't think I'll take it.
     
    #28     May 11, 2017
  9. trdes

    trdes

    That about wraps it up, not interested in taking any more trades due to time of day, state the market is in and where market is at. Overall decent trading, but failed to execute on second entry near lows on performance account, failed to add on real account which left me with small position only and also took a rogue short trade on performance account.

    So should of been a lot better.
     
    #29     May 11, 2017
  10. trdes

    trdes

    Long 87 target was 91.50, bailed out for +0.25 due to action and larger time frame bearish.
     
    #30     May 12, 2017