E-Mini/EFT: ES 5 minute chart
Long or Short: Long
Entry Point: 1956.25
Exit Goal: 1958.25
Exit Goal 2 (optional): 1960.25
Notes: Nice gap up, bounce off previous days High and a continuation of yesterdays move. Will jump in early with narrow range bars near the break point. Hit first goal and just missed the 2nd exit goal.
* 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.