Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

Discussion in 'Journals' started by volpri, Sep 26, 2019.

  1. cafeole

    cafeole

    I entered on the dark candle after the large bo bar at 4410.75, stopped out at 4407.75. I have a bracket order set for +2.25 pts, -3.00 pts.
     
    #1351     Jul 29, 2021
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  2. volpri

    volpri

    I am posting a third chart to later make some comments on. It is the same 5 min RTH's chart in my post #1341 BUT with the annotations removed. In other words a naked chart. Will explain later the charts and concepts...trades.. in these 3 charts that are in these two posts (#1341 and #1352). So far I haven't gotten back to trading. Only 2 trades this morning and many opportunities abounded for scalps of 1 to 8 points.

    ES RTH 5 min naked.jpg
     
    #1352     Jul 29, 2021
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  3. volpri

    volpri

    Could you look at the TIME at the bottom and tell me which candles? The time of the candles on that 2 min chart I posted. I think you are talking about an entry on the opening bar of RTH's (on the 2 min chart) and the SL on the next bar but cannot make any comments unless I know for sure.
     
    #1353     Jul 29, 2021
  4. MACD

    MACD

    Context for trade is more important than direction particularly when on 2 min charts without the benefit of a longer TF as well. But hey I too am still learning but doing it while trading and violating rule #1253 of @volpri without his permission :caution:
     
    #1354     Jul 29, 2021
  5. MACD

    MACD

    Context I am relying on maybe on 15 min chart which allows me then to take entries on 2 min chart
     
    #1355     Jul 29, 2021
  6. MACD

    MACD

    BTW -- I have known @cafeole to be an experienced trader who is also hard working at the craft of trading.
     
    #1356     Jul 29, 2021
  7. cafeole

    cafeole

    8:32

    I entered and exited on this same bar.
     
    #1357     Jul 29, 2021
  8. MACD

    MACD

    @cafeole replied "8:32" but @voltri may have missed the post?
     
    #1358     Jul 29, 2021
  9. cafeole

    cafeole

    2021-07-29_12-05-24.jpg
     
    #1359     Jul 29, 2021
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  10. MACD

    MACD

    Taking a small loss instead of the other route of managing with adjusting using scaling?
     
    #1360     Jul 29, 2021