1. Great break out trade on news, got up 5 mins late. Miss it. ( Traded ES overnight till 2am pt, so regret)
2. first L1, wait for the second one.
3. L2, 5 wave, three pushes up. Short @1102.00
4. DB at 1100 and 9:30 will come. Cover @1100.25. this trade: +1.75 points
5. L1 Short @1103, Why L1? new high is only three ticks above overnight high.
6. Covered @1098 This Trade: 5 points
7. 5 wave, three pushes down, excellent point to enter long.
but skipped, a.11:30 is coming(I would prefer out of market during 11:30-13:30)
b. my bear bias
A. a short point after three pushes up, not to far from 1100. So wait for 1100 break out.
8. Break out trade: short 1099.75. (MM假摔)
9. Stop out at 1101.25 This trade: -1.5 point
Summary: trade what you see( short at A), not what you thought(Short at 1099.75)
I did wrong.
B. Short at 1102. A gambling entry, out at 1100.25. Just want a second leg down(my thought)
This trade: 1.75
Summary: Still has strong bear bias, gambling trade. I know from 8 to B, market is trending up, and maybe new high from chart, but I would insist my bear mind as many traders do, give MM more power to push ES price high. |