Tuesday, December 17, 2013

ES 12/17/13 +2.25

As with the previous couple of posts, I'm not going to do any written reviews of my trades. I've jotted down short trading notes within the chart itself, as I was trading. Therefore, no reason to duplicate the same info. It's also easier for me this way. Anyway, did 3 trades today for +2.25 pt. But, was within 1 tick of ending the day with nothing.

E-mini S&P 500 Futures chart for Tuesday 12/17/13
ES chart 12/17/13

7 comments:

  1. Your trades always look good put Trade 1 was an especially good read! Nice work! you on Google plus bud?

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  2. Hi George - Thanks, but it was a countertrend trade. I wouldn't have entered, if given the chance again. Too aggressive. Sorry, not on Google+.

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    1. Hear you bud I try and avoid them too but they get under my skin ;). Out of interest what were you entering off here. The kiss of the TC and potential W bottom? Or was it simplythe price area?

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  3. Trend channel was tested twice and held and double bottom formed. Also, I think a bunch of traders got trapped thinking prices would break out to the downside. Their short covering and subsequent reversal to the long side added to the quick move up.

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    1. Thanks for sharing these insights buddy, that helped a lot. I like how you add everything up. Have a great holiday and see you in the NY. :)

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    2. Thanks and no problem. You have a great holiday and NY too!

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  4. First let me explain that I am a sucker for anyone who uses Ninja Trader for their charts. 2nd, your trading the ES, you have my attention. Nice trading!

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