Trading the Pivots

Discussion in 'Journals' started by JimmyJam, Aug 13, 2006.

  1. 2nd short @ 738.1, protective stop @ 740.1
    3rd short @ 737.1, protective stop @ 739.1

    average price of 738.1
    ***
    regards

    jj
     
    #801     Sep 28, 2006
  2. cover position @ 739.6 and reverse 1 long @ 739.6, protective stop @ 738.6
     
    #802     Sep 28, 2006
  3. ***
    stopped out of long

    reshort @ 737.4, protective stop @ 738.4

    currently -8 pts ES
     
    #803     Sep 28, 2006
  4. 2nd short @ 736.4

    3rd short @ 735.4

    protective stop @ 737.4

    average price @ 736.4
     
    #804     Sep 28, 2006
  5. closed position at 736.8

    trade at breakeven.

    currently still down -8 pts ES
     
    #805     Sep 28, 2006
  6. Long 1 ER @ 737.3, stop @ 736.3
     
    #806     Sep 28, 2006
  7. long 2nd ER @ 737.8, long 3rd ER @ 738.3

    average price = 737.8, protective stop @ 736.8

    coffee time,

    jj
     
    #807     Sep 28, 2006
  8. Currently @ -12 pts ES.

    Long 3 ERU @ 734.6, protective stop @ 733.6
     
    #808     Sep 28, 2006
  9. Close entire position @ 739.00
     
    #809     Sep 28, 2006
  10. Total = 5.4 pts ERU x 3 = 16.2 pts ERU
    1 pt = $100, so that's 1,620
    1,620 = 32.4 pts ES
    32.4 pts - 12pts ES = 20.4 pts ES
    ***
    Current Total = 38.4 pts ES

    Gotta go to work :(.

    Best Regards,

    JJ
     
    #810     Sep 28, 2006