Emini Day Trading Blog

Tag;Emini Four trades today. The losing trade should have had a tighter stop. I got lazy and didn’t check the placement. As you can see, I’m trying a new breakout technique that has a confirmation criteria after the breakout and before the trade is made.See Today’s Results

Tag;Emini Again, no trades today.

Tag;Emini No trades today.

Tag;Emini I exited the first trade prematurely and reentered and stayed until the first fib R/T of yesterday’s move was hit. The third trade was a breakout and exited at 12150 the target was 12146. which was also the 62% R/T of yesterday.See Today’s Results

Tag;Emini Took a Dr Jeff trade and used a trailing stop. Got 14 points. The Fib Target for this current up leg is 12209. (100%) May see a pullback from there especially if oil climbs some more.See Today’s Results

Tag;Emini Had 2 breakeven trades caused by overanxious trade management. I missed the best trade of the day at the bounce from 12137. A long here would have worked well.See Today’s Results

Tag;Emini Took a Dr Jeff trade and got out on the next hesitation for 16 points. Looks like a trend day. The market likes lower oil prices. How about $50/ barrel before Christmas?See Today’s Results

Tag;Emini Finally a Dr Jeff entry at the bounce from 12037. Target was 12000, which was just hit. (11998 was the multi day up move 62% retrace)
Also took a small continuation trade when a 62% retrace level didn’t hold.See Today’s Results

Tag;Emini Paper traded some new patterns and got $235. I will research these some more.See Today’s Results

Tag;Emini After breaking yesterday’s low, the trend ws down. However, I did not have any entries on either the 3 or 5 min. charts. Again there was a close one, but didn’t get confirmation in time.See Today’s Results