PATrick's ES Price Action Scalping Journal (Page 2) - Trading Journals | futures.io
futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Trading Journals


PATrick's ES Price Action Scalping Journal
Started:September 30th, 2016 (03:15 AM) by chonga Views / Replies:718 / 12
Last Reply:October 17th, 2016 (02:12 AM) Attachments:8

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike
     

Reply
 8  
 
Thread Tools Search this Thread

PATrick's ES Price Action Scalping Journal

Old October 11th, 2016, 07:17 AM   #11 (permalink)
Elite Member
Busan, South Korea
 
Futures Experience: Beginner
Platform: NT 7
Broker/Data: Ninja
Favorite Futures: ES
 
Posts: 20 since Aug 2016
Thanks: 5 given, 24 received

Had a busy weekend, so not much time to journal.

Not a bad day. I'm glad that I was able to recover after my first trade being an undisciplined crap poop experimenting entry.

1st trade: Instead of waiting for a second entry on a strong signal bar, I entered anticipating the 2nd entry short.
The day started off in a downtrend. It bounced off the lower channel and worked its way to the upper line as well as the EMA. After the first entry, I decided I would place my entry near the previous swing high, so that it would give me enough room (and hopefully a better entry). Bad idea. The price ended up breaking the channel and went into a trading range. I did want to exit early after I saw 4 overlapping bars, but decided that because it is sim, I will let the trade fly. -6 ticks

2nd trade: I saw after a double top and previous resistance earlier in the morning that this would be strong resistance. After I drew in my upper line, I waited to fade the next time it reached this level. I got filled perfectly at the top and went down quickly for a +6 tick

3rd trade: Repeat of the second trade except off the lower support. I had an order sitting out, but this time instead of right at the support, I had it 2 ticks under, only because there was previous price action at 10:50ish that was lower than the line I drew. Got filled, worked against me 2 ticks but didn't take anymore heat than that. +6 ticks


So that was it for Friday. Like I've previously mentioned, I only trade from 10:30AM - 12:30PM EST.

So didn't hit my target for the day, but I'll day +6 ticks.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
     

Old October 12th, 2016, 10:33 AM   #12 (permalink)
Elite Member
Busan, South Korea
 
Futures Experience: Beginner
Platform: NT 7
Broker/Data: Ninja
Favorite Futures: ES
 
Posts: 20 since Aug 2016
Thanks: 5 given, 24 received

Pretty straightforward day. Was only looking to go short (mostly touched of the EMA or upper trend channel).

The entries I took weren't the smoothest or at the best, but they all worked out. Days like this are few but definitely confidence boosting.

+4 +8 +6 = +18 ticks on the day (3 trades)

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by chonga; October 12th, 2016 at 10:53 PM.
Reply With Quote
     

Old October 17th, 2016, 02:12 AM   #13 (permalink)
Elite Member
Busan, South Korea
 
Futures Experience: Beginner
Platform: NT 7
Broker/Data: Ninja
Favorite Futures: ES
 
Posts: 20 since Aug 2016
Thanks: 5 given, 24 received


Have not been sim trading as much. Spent the last week watching Al Brooks video lessons.

Abundance of knowledge but the only problem is I can only listen to about 30-40 minutes of his voice before I wander off to sleep. No matter how much coffee I have or what time of day it is, right at about 35 minutes I start to doze off.

Also, I do not have the license yet for NT so I have to keep requesting demo accounts. And since I get lazy I revert back to just market replay. I guess I should fork over the minimum deposit soon to avoid the hassle every 2 weeks.

Reply With Quote
     
The following user says Thank You to chonga for this post:
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Trading Journals > PATrick's ES Price Action Scalping Journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Al Brooks: Stop Losing when a Good Trade goes Bad, Correcting Mistakes

Elite only
 

Trading Technologies: ADL hands-on

Dec 13

Normal webinar schedule resumes after the holidays

January

Ernie Chan: Risk Management

Elite only

Dedicated Trading Servers: Advantages/Disadvantages w/sam028

Elite only

An Afternoon with FIO member Massive I

Elite only

Leo Murphy: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Howiestrading journal trading the ES using price action Howardw Elite Trading Journals 138 July 16th, 2015 08:58 PM
Fat Demon's: ES Price Action Journal FatDemon Elite Trading Journals 114 May 6th, 2013 05:19 PM
Scalping ES with price action trading Southbay Index Futures Trading 42 September 11th, 2011 01:10 AM
TMNT's Trading Journal: ES 5m candle, Price Action scalping tmntrader Elite Trading Journals 20 August 12th, 2011 04:37 PM
CW's ES Price action trading Journal cw30000 Trading Journals 25 September 28th, 2010 10:54 AM


All times are GMT -4. The time now is 09:33 AM.

Copyright © 2016 by futures.io. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
 
no new posts
Page generated 2016-12-09 in 0.07 seconds with 20 queries on phoenix via your IP 54.166.89.187