Thursday, December 19, 2013

ES gap fill


1 Minute Chart
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E-Mini:ES
Long or Short: L
Entry Point: 1799.75
Stop: 1797.25
Exit Goal: 1805
Result: W out 2 and stopped at entry
Notes: out half at 2 points 2nd half taken out at entry. Liked the location of the open to possibly test new highs early later , didn't get the pop. 

* You don't have to trade everyday. If the conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. Missed money is better than lost money.  Day trading and the stock market is not a "war" that you must win at all cost. Trading should be fun, wait for only the good setups. Follow your rules, stick to your stops, and know that everyday the market presents a new chess board.

 


 


 

 

 


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