Happy New Year
I arrived back in Paris today... early in the morning. I was greeted with a light dusting of snow which I found strange after being in the warm sunshine of South Florida for the past two weeks.
Sorry for not posting much but I was having an excellent trip. Friends, family, presents and alcohol - love it.
Couldn't sleep a wink on the plane and crashed after an hour back in my apartment. Woke up right after the market opened, got my scanner running and waited. To be honest, I really wasn't in the mood to trade and after looking at the low volume my interest further waned. Blah, blah, blah... I didn't trade today. However, in between picking through bags and checking the charts, I missed this nice setup in the ES e-mini futures.
I love how price breaks through yesterday's high, then falls back down to the PDH and prints a strong, narrow range candle. The rest is history.
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4 comments:
hey OO:
i am in sofla. U should have hollered. could have discussed all daytrading stuff.
BTW, last 4 days have been the best for in 6-7 months.
Nice set ups and all.
Sorry u left a paradise & now in freezing hell.
thanks anon - I'll let you know the next time. It's nice to hear there were good setups out in late December. Further proof that trading can happen at any time.
Happy new year~ Glad that you are back after a nice trip. That chart is really beautiful. Where would you be out?
TL
tl: thanks. Since the entry was very narrow I would've been able to pick up a few contracts. The fib. ext. would've been a good area to consider scaling out. After that, and considering all the fib. levels price would have to work through... I would have considered R3 another solid exit point.
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