ES 11/1/13 +2.00

Hard to decipher whether today was a range or a trend day. Market went up, then down, back up and finally down again. It looked like it was a trend day within an overall range one. A bit of both, I guess. Anyway, I took 2 trades, missed 3 and skipped out on 4 others. I'm going to just list the 2 trades that I did. I've noted on today's chart the reason(s) for the 7 misses and skips. Out of these 7 no trades, I believe 6 would have been winners.

Trade #1 - Failed 2nd entry short. Didn't want to miss this trade with a limit order, so used a stop one for my entry. Even though prices were getting near the upper trend line, I liked this trade b/c it was with the current trend and there was support on the median line. +1.00 pt.

• buy 1 @1756.75 at 9:35
• sell 1 @1757.75 at 9:42

Trade #2 - Prices overshot the upward-sloping trend line to the downside. It reversed fairly aggressively. Went long on a bullish bar, after it bounced off of the trend line. I was also anticipating a 2nd measured leg up. My scalp target was reached in about a minute. +1.00 pt.

• buy 1 @1751.25 at 13:37
• sell 1 @1752.25 at 13:38

ES chart 11/1/13