this is for cme- i did this just to show when i am locked to 1 contract -i can't leverage or overleverage in -
today i used no chart indicators at all -the chart was blank other than candles and side prices -i used no rules either -as why mark a chart if you are going to break your rules -so today i traded 4 contracts -all single positions as i am locked to 1 contract
every trade was a guess -as when you dont stick to your rules you may as well be guessing-
bought 53 out @ 52.50
bought 48.75 out @ 43.25
bought 43.50 out @ 42.25
bought 42.75 out @ 42
remember no chart marks at all -every trade was a no-rules guess
loss today was 400 plus 20 in comish
i am done for the day other wise i would try and recoup by the rules short to 36 and reverse

so wed we will be back to our strick rules and a no -guess system-

will post the blotter in the am to verify -

Yes, S/R has many meaning to many people. I try to keep it simple.
I like to use daily Open, Close, and Fib's.

I hate to be a downer, but am I the only person who thinks this is not a good idea? First off the ES is a highly leveraged instrument. It can eat $1000 in a few moments. My broker will not even let you buy a single contract on $1000 account and trust me that is not because they are too over cautious or would shed a tear if I blew up my account (again).

I have over 20+ years of trading experience. My account is many many times your size. I have written automated trading strategies, even some based on the CCI and many other squiggles. I have read thousands of pages of literature on the subject of trading. I can’t do what you are planning to do and so either I am stupid, or god loves you more than any trader I ever met. (If I were you I would not bet on either of those)

Why don’t you trade something less volatile and with less leverage, like IWM and RWM. Better yet, why don’t you paper trade for a while until you are confident. If you have a technical side try putting your strategy into NinjaScript or have someone write it for you and see how easy it is to hit a $1000 draw-down in backtest.

I suppose $1000 is not a lot of money but I would rather you gave it to the SPCA, or at least went to the Casino and got a free drink before it was gone.

one last trade for the day
3:16 B1 1340.50 target 1348.00
may get out soon

I have no problem with your feedback. I have taken $1000 and made $5000 in a week.
Of course this will only happen with patience and when the market is moving and not staying in a small range.
I have traded choppy days but it takes too much out of me and too many trades.