Tuesday, August 12, 2014

ES 8/12/14 +2.00

Stupid that I went short on the 2nd trade. I was actually anticipating a failure to the short side. But, somehow I got suckered in. Just couldn't resist myself, when the bar I was watching met resistance at the EMA and ended up bearish. Thought prices might then perhaps try to retest the low of the day. Should have stuck to my original bias. Got stopped out when prices reversed to the upside. I then also immediately went long (which was my original intention, anyway). Recovered some of the loss.

E-mini S&P 500 Futures chart for Tuesday 8/12/14

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