ES trades for 9/23/13

I missed out on 4 good short opportunities this morning. Blame it (again & again) on hesitation & fear. Didn't do anything during the lunchtime hours. Usually the afternoon hours are not as volatile. Besides, I normally would stop trading after 2:30 PM or so...except today.

Trade #1 - 2nd entry long at around 14:37 @1695.75. Out around 14:55 @1696.75 on the 1st contract and got stopped out at around 15:02 @1696.00 on the 2nd. Should have manually exited the 2nd contract, since prices were hitting trend line resistance. Anyway, even though the trade worked out, if I have to do it over again, I would've have entered the trade. When the trigger bar formed, there were already 2 consecutive Doji bars before it. Got 1.00 + 0.25 = +1.25 pt total.

Trade #2 - Looked like the market was reversing to the downside. Prices met resistance on the upper trend line. At 15:12, got into a 2nd entry short @1696.00. Exited 1 at around 15:23 @1695.00 and got stopped out on the other at around 15:34 @1695.00. 1.00 + 1.00 = +2.00 pt for 2 contracts.

Trade #3 - Even though this was a countertrend trade, there were three reasons why I thought it was worth the risk.

1. 2nd entry long
2. Prices bounced off of support and trend line
3. Doji bar formed after very bearish bar

Went long at around 15:36 @1694.75. Out at 15:40 @1695.75 and manually exited at around 15:46 @1696. The 2nd contract was exited manually, because prices failed to break through the upper trend line. It was hitting resistance and I feared it would reverse, as the trend was down and I was countertrend trading. Booked 1.00 + 1.25 = +2.25 pt.

One last note: I've decided to stop following the NQ. No point in splitting my time & energy on two markets. Best if I just concentrate on mastering one...the ES. 

ES chart 9/23/13