11/27/13 ES +1.00 & NQ +4.25

ES was quiet, as expected, since tomorrow is Thanksgiving. Only did 1 trade on the ES and 3 on the NQ. Anyway, another brief recap of my trades. Have a great turkey day!

ES

Trade #1 - Market was in a tight trading range early on. Went long on a 2nd entry with prices making multiple bottoms and a very bullish signal bar. +1.00 pt.

• buy 1 @1803.50 at 9:39
• sell 1 @1804.50 at 9:41

ES chart 11/27/13

NQ

Trade #1 - Again, at the point, it looked like a trading range. Took a 2nd entry long off of the EMA. Prices touched my target, but I didn't get filled, as it didn't tick through. Market reversed and I was within 1 tick of being stopped out. What a price swing! Prices then bounced off of support and rallied a bit. Took the opportunity to exit for +1.00 pt.

• buy 1 @3465.00 at 10:36
• sell 1 @3466.00 at 11:16

Trade #2 - Went short after prices bumped against the upper trend line & EMA resistance. Exited when prices became congested at the support levels for +1.00 pt.

• sell 1 @3464.50 at 12:00
• buy 1 @3463.50 at 12:04

Trade #3 - 2nd entry long near support levels. Very bearish candlestick made me nervous, so bailed out for +2.25 pt.

• buy 1 @3463.50 at 12:19
• sell 1 @3465.75 at 12:43

NQ chart 11/27/13