maximum risk (*): per trade $300, max $800 for the day
my psychological and physical state: very good, but today there will be lots of distraction, so I will not be concentrated on trading
my goal for the day: only trading if I can concentrate/focus on the charts, only in trend direction
FGBL ---> expected direction: DOWN longterm trend (~3weeks) UP M- (*1) (*3)
shortterm trend (3 days) DOWN M+ (*2) (*3)
support levels___: 123.86 ## 123.60 ## 123.45 ## 123.29 resistance levels: 124.12 ## 124.52 ## 124.60
FESX ---> expected direction: UP
longterm trend (~3weeks) DOWN M- (*1) (*3)
shortterm trend (3 days) UP M+ (*2) (*3)
support levels___: 3015 ## 3000 ## 2982 ## 2967
resistance levels: 3040 ## 3053 ## 3080 ## TOP
ES ---> expected direction: UP
longterm trend (~3weeks) UP M- (*1) (*3)
shortterm trend (3 days) UP M+ (*2) (*3)
support levels___: 1325.00 ## 1319.50 ## 1312.00
resistance levels: 1339.50 ## 1343.00
6E ---> expected direction: UP
longterm trend (~3weeks) UPM+ (*1) (*3)
shortterm trend (3 days) UP M+ (*2) (*3)
support levels___: 1.3795 ## 1.3750 ## 1.3720 ## 1.3700
resistance levels: TOP
Footnote:
(*1) longterm trend is measured on 60 minutes chart (~ last 3 weeks)
(*2) shortterm trend is measured on 60 minutes chart (~ last 3 days)
(*3) I added the "M" = Momentum, if a trend gets stronger "+" or weaker "-"
The following user says Thank You to eboarder for this post:
maximum risk: per trade $300, max $800 for the day, max 2 contracts
my psychological and physical state: I am feeling well, prepared for the trading day, today again there is lots of distraction going on
my goal for the day: only trading if I can concentrate/focus on the charts, I want to focus on the S/R levels, if the situation is clear on these points
FGBL ---> expected direction: DOWN longterm trend (~3weeks): UP M- shortterm trend (3 days): DOWN M- resistance levels: 124,52 ## 124,60 ## TOP support levels: 124,15 ## 124,06 ## 123,85 ## 123,30-123,59
FESX ---> expected direction: DOWN longterm trend (~3weeks): DOWN M- shortterm trend (3 days): UP M- resistance levels: 2979 ## 3006-3009 ## 3027 (VPC) ## 3031 ## 3039 (VPC) support levels: 2958 ## 2944 (VPC) ## 2923
ES ---> expected direction: DOWN longterm trend (~3weeks): DOWN M+ shortterm trend (3 days): RANGE 1292-1336 resistance levels: 1305,5 ## 1310,5 ## 1313,25 ## 1319,25-1320,5 support levels: 1299 (VPC) ## 1291,5-1292,5 ## 1284,5 ## 1274,5 (VPC)
6E ---> expected direction: UP longterm trend (~3weeks): UPM+ shortterm trend (3 days): RANGE 1,3761-1,3853 resistance levels: 1,3811 (VPC) ## 1,3849 ## TOP support levels: 1,3751 (VPC) ## 1,3722 ## 1,3701 ## 1,3660 (VPC)
The following 2 users say Thank You to eboarder for this post:
I made one mistake and traded against my rules for today. I wanted to sell the resistance and buy the support, but I traded a breakout. (Afraid of missing a move...) and got stopped out, well that part is ok.
FGBL:
S/R were quite visible and prices stopped at each support.
FESX:
a little bit confusing, up and down moves, no direction
ES:
after the strong down move yesterday, very quiet today
hit clearly some S/R levels
6E:
made a new TOP for the period.
Lessons learned: I have to stick to my S/R levels and try not to enter breackout trades, since I have no statistics collected for breakouts
The following 2 users say Thank You to eboarder for this post:
maximum risk: per trade $300, max $800 for the day, max 2 contracts
my psychological and physical state: I am not so relaxed today, but I am sitting concentraded at my desk
my goal for the day: Today I want to stick to my rules, and only trade at S/R levels, choosing good stop points, and scale out if in a loosing position
FGBL ---> expected direction: DOWN longterm trend (~3weeks): UP M- shortterm trend (3 days): DOWN M+ resistance levels: 123,93 ## 124,12-124,20 ## 124,39 ## 124,52 ## 124,60 ## TOP support levels: 123,30-123,59 ## 123,44 ## 123,30 (VPC) ## 123,12 market opinion: DOWN => sell the resistance
FESX ---> expected direction: UP?? longterm trend (~3weeks): DOWN M- shortterm trend (3 days): DOWN M- resistance levels: 2979 ## 2993 ## 3006-3009 support levels: 2958 ## 2944 (VPC) ## 2923 ## 3027 (VPC) market opinion: UP? => buy support
ES ---> expected direction: RANGE longterm trend (~3weeks): DOWN M- shortterm trend (3 days): RANGE 1297-1336 resistance levels: 1313,5 ## 1319,25-1320,5 ## 1325 ## 1328,5 support levels: 1299 ## 1291-1292 ## 1305,5 ## 1310,5 ## market opinion: RANGE market => sell top, buy bottom
6E ---> expected direction: UP longterm trend (~3weeks): UPM+ shortterm trend (3 days): UP M+ resistance levels: 1,3865 ## 1,3889 ## TOP support levels: 1,3850 ## 1,3833 ## 1,3811 ## 1,3795 market opinion: UP market on a TOP
The following user says Thank You to eboarder for this post: