S/R Emini Journal

are you using pivot points CO?

 

Long entry waiting at 59.50 stp mkt

(good morning everyone )

 

Wow! if the russell leads. this trade will work out.

Long at 59.50 (2 pt PT and SL)

edit: These morning trades are quickies. Stopped out -2 pts. Seems to be the way I start every day lately.

Waiting for next setup.

 

No pivot points/ A couple of MA's and S/R, some volume indication

 

Kinda' sweating now. Broke a rule, slightly. It may cost me. Will post chart with notes when trade ends.

 

Whats the saying...buy the rumor and sell the news? News all over the place is how this market is crankin'. Makes me reluctant to take longs on ER2. Anyone else feel hesitant to go long at all? Or is it just my immature emotions?

 

Shit! Stopped out

 

Did you not see my earlier post? I was getting the feeling that they were not respecting yesterdays high as resistance since it went up .50 during the night. I will go long at 1360.

 

I broke a rule of having the closing bar at least 50% of it's length above my R point. Everything else looked good, but......

 

That's alright, lets slow down a bit and get us a good trade.