ES 11/14/13 +4.25

Internet connection was really bad yesterday and today. Wasn't a bother to me yesterday, as I had to run some errands outside and didn't trade at all. Today, it was an annoyance, as there were 3 outages from the opening to the closing bell. During one of them, I had an open long position. Stressed me out, as this could be potentially dangerous.

I did 2 trades today using 2 contracts each. Both were afternoon trades, as I was just trouble-shooting the multiple outages all morning. Anyway, I keep saying I will be using only 1 contract per trade, since I have no luck with runners. I still don't, but thought I could achieve my 2 point daily target quicker (possible with only 1 good trade) with 2 contracts. Going back to 1 contract tomorrow.

Trade #1 – Market was in a trading range at this point. Notice prices had made higher highs and higher lows. Took a 2nd entry long setup, which came following a failed 2nd entry short. After I had gotten my scalp target, I loss connection again for about 10 minutes. When I was back online, prices had retraced a bit. While I was out, it met some resistance on the upper trend line. A very bearish bar then stopped out my runner. Got only 2 ticks, instead of the potential 6 – 7, because of the down time. 1.00 + 0.50 = +1.50 pt.

• buy 2 @1785.75 at 14:02
• sell 1 @1786.75 at 14:19
• sell 1 @1786.25 at 14:51

Trade #2 – By now, I had another upward sloping trend line in place. Took another 2nd entry long, with trend line support. I set the target on my runner near the upper trend line resistance area, which also coincided with where the measured move was. 1.00 + 1.75 = +2.75 pt.

• buy 2 @1786.50 at 15:00
• sell 1 @1787.50 at 15:07
• sell 1 @1788.25 at 15:13

ES chart 11/14/13