Smacking the ER2

Well 3 longs on a day like today sounds like madness but it was after 6:30pm and a bounce was in order on the higher TFs. I was ahead on all trades but got stopped out twice and left a bundle of points on the table. I guess that is the difficulty trading one contract, because I would scale out with multiple contracts.

S1 (S) – signal not taken - at work
S2 (L) – signal not taken – at work
S3 (S) – signal not taken – at work

S4 (L) – a little bit late on the entry at 623.6, it went up 1.2 pts and then dropped back down to my now b/e stop to close at 623.6

S5 (L) – entered early on signal before the 5min candle had printed got in at 620.5 - it jumped up 3.2 pts – no exit signal in sight - and then came back down to +1pt stop (it goes to +1.0 when 2pts in profit) at 621.5.

S6 (L) – still bullish action for me and I get S6 signal which I enter correctly in 20:20 bar for 622.70, thought I was going to get stopped out again at 20:30 but it missed my b/e stop and rose into the close to be up over 3pts. I was almost tempted to hold overnight because an oversold mini-bounce looks possible – but that’s not in the TP - so I closed for 624.10 at 9pm, without any exit signal. A wise move in hindsight !!

S1- n/a
S2- n/a
S3- n/a
S4- 2/2
S5- 1/2 (nil points for the early entry)
S6- 1.5/2 (didn’t have an exit signal to close on so only half point for exit)
Rules Hit Rate = 4.5/6 = 75%

Points today +2.4pts (not including comms) ….

Onwards and upwards……….

 

This is what I call smacking the ER2.

Lets see If I can keep what I made the rest of the day. Goal is 10.0+ points/contract.

ozz

 

Midday Update. I nailed that 1-2-3 hard.

oz

2.7+ points to go.

 

Afternoon Update.

This thing is fucking orchestrated. Just watch the volume.

 

I think I'm gonna call it a day. 10 point goal reached.

P.S please delete all these posts as I do not want to clutter this jounral.

Thanks.
ozzy

 

All my trades if anyone is interesed.

 

Good job.

Ever traded real money?

Trent

 

Yes.

I'm done for the day. Brain is done. Moderator, Please delete all my posts.

 

Well I thought I’d gone into the wrong thread today …. nice trading ozzy.

Anyway my trick of having a sugar free Red Bull when I leave work so I am wired for the afternoon session has worked for the last two days. Maybe I should start a sponsorship deal with Red Bull !!

After I got back from work, I was very disappointed to have missed the nice S4 signal by ten minutes. There was then a nice continuation entry for S5, but a premature exit. But a nice result for one trade.


S1 (S) – signal not taken - at work
S2 (L) – signal not taken – at work
S3 (S) – signal not taken – at work
S4 (L) – signal not taken – at work

S5 (L) – entered a little late on continuation signal at 621.70 - but it broke 622.80 convincingly and I exited midway through a 5 min candle print at 624.80 - and of course it didn’t confirm the exit signal 3 mins later at the end of the candle. I also had a continuation signal at the start of the 19:45 candle which threw me a bit too. So not a clever exit.

S6 (L) – still in S5


S1- n/a
S2- n/a
S3- n/a
S4- n/a
S5- 1/2 (nil points for the exit)
S6- n/a
Rules Hit Rate = 1/2 = 50%

Points today +3.1pts (not including comms) ….

Onwards and upwards……….

 

Sorry about that Jessop. I was smacking it really hard today and I got a little carried away on your thread.

Good Luck your system looks good.

oz