The ES market action continues to be choppy today,with periods of flat and very slow price action. However as the prices drifted into support/resistance there would be an onslaught of institutional and large trader buying. This buying was especially concentrated to the upside at points of resistance.
All trades were with the trend, with the exception of the opener which surprised me and I was spiked out of the tree. As is my practice, I backed my contract back to two contracts and settled for six and eight tick profits. market action continues to be difficult to read, with many failed breakouts and all failed breakdowns.
Indicators were not very useful because of congestion during certain parts of the day, so had to trade most of my entries via price and chart reading. Not my favorite kind of trading. Took a number of inside trades (inside the channel) that were successful but tenuous. Should not have allowed myself to get stopped out early in the day as I had a chance to exit with a small loss got stubborn. :faint: