++7_26_2013.jpg "ES chart 7/26/13") |
| 7/26/13 ES chart |
Saturday, July 27, 2013
ES trades for 7/26/13
Trade #1 - The ES was trading down from the overnight to the
opening. Around 11:00 it formed a triple bottom and reversed to the
upside. Went long at around 11:32 @1674.00. Prices had support at the
bullish trend line and the EMA. Got out at around 11:40 @1675.25 for
+1.25 pt. Prices continued up to 1683.25
before meeting any serious resistance. Again, I hesitated on many trade
opportunities...80% of which would've been successful. Flat PnL for the week, but it's ok, as I'm still learning to trade the ES. Have a great weekend!
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