Saturday, November 23, 2013

ES 11/22/13 +1.75

Couldn't reach the ES sound barrier. Was a tick short. Took 2 trades, skipped 1 and missed 1. Both of the no trades turned out to be excellent winners. Sucks.

Trade #1 - Took a long at a known support area. Prices had bounced off of it multiple times previously. The trade worked out, as prices did as expected. +1.00 pt.
  • buy 1 @1793.25 at 9:45
  • sell 1 @1794.25 at 9:48

Trade #2 - This was both a 2nd entry long and a 2-legged pullback to the EMA. Exited early due to overhead resistance/double top. As anticipated, prices did fall back, after meeting resistance. +0.75 pt.
  • buy 1 @1796.25 at 10:34
  • sell 1 @1797.00 at 10:37

E-mini S&P 500 Futures chart for Friday 11/22/13
ES chart 11/22/13

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