S/R Emini Journal

Not so sure,, this could be a retest of highs. Maybe a 2B setup. SMH breaking down, NQ follows, then YM, then ES.

 

100 bucks say we tank now that I got stopped out.

 

you said the high was in last time too. LOL

 

Lots of ways to trade.

I sold at 1336.25 which was 1 tick below the R2 and bought back at 1334.25.

Please, I'm not posting to make anyone feel bad about any trades that didn't go their way today, just want to put those pivots trades out there as they are an easy way to buy/sell right at support or resistance without a lot risk.

It seems like about once per week the S2 or R2 is the Low/High of the day.

 

risk is always there ......the more u think the higher the risk.....

 

If VIX breaks 12.55, and YM breaks 11630, that would be a short. Look for weakness in ER2 and NQ.. TRIN moving up, VIX at LOD and also Thursdays high. I'm seeing more volume in SMH to the downside.

 

Then take the short, only 1 pt stop to the high. 1335.

 

looking to short tick highs.

 

out at 1337.50 got the extra 1/2 point to cover commissions so I should be at breakeven now

 

u see 4 re doesn't think he just enters when his system says enter.........simple.....easier..u can't be wrong as long as u don't think.......let the system think......