ES 10/24/13 +6.25

Today seemed like it was an uptrend day, but within a big overall price range. Did two trades...all before 10:30 AM. I was basically done at this point, even though I watched and somehow missed two other good trades later on.

Trade #1 - Prices formed a triple bottom. Took a 2nd entry long off the low of the day. I exited early on my runner, due to an upcoming 10:00 AM economic data release. 1.00 + 1.25 = +2.25 pt.

• buy 2 @1741.25 at 9:49
• sell 1 @1742.25 at 9:52
• sell 1 @1742.50 at 9:55

Trade #2 - Was hesitant (again, for the 108th time) for a second about taking this 2nd entry short, as prices were trending up. However, went ahead and took the trade, due to 3 reasons:

1. Resistance at both the major and minor sloping (albeit upward) trend lines
2. Resistance at median horizontal resistance line
3. Uptrend within an overall range, so range rules could apply

This turned out to be an excellent trade. Got both my scalp and runner targets fairly quickly. 1.00 + 3.00 = +4.00 pt.

• sell 2 @1744.25 at 10:23
• buy 1 @1743.25 at 10:24
• buy 1 @1741.25 at 10:28

ES chart 10/24/13