3-25 ES DT Trade Notes

abaqus

I believe today’s ES DT could be a good example as text book.
The second reason is that some top HT traders do not believe DT can make money or DT bear just a lying.
The third one is my previous DT trade notes confused some HT traders.
Today, I post my trade notes below to share with you and also to clean out the mess.

I am pattern trade relying on trend line, channel, support, resistance and price bar action read to place my entry or exit the position. I am not good at reading indicators, except 20EMA to show trend.

Please note that I am trading ES, but since I have difficulty to add ES chart in here, I use SPX chart show my trades. It may not be the same, but close enough.

#1. after large gap up, I shorted after bar 1
#2, after 2 leg pull back, covered at bar#2
#3, bar 3 formed an up trend. But I did not trade after bar 2 to bar 4 due to meeting
#4, now a wedge pattern was formed, some pull back was expected after the mini trend line is broken. Since a strong up trend, just exit long, no short. Note the intraday high is little overshot my guessing in last night post.
#5, test support line & EMA, buy dip
#6, formed another small wedge, some weakness shown up
#7, pattern broken & back test trend line, failed, load short
#8, 2nd short
#9, channel break out, covered short, expected some pullback, long at here
#10, bear flag broken, short again to the end

Any comments are welcome.
Happy trading for all of you!

ranchgirl

yaobooyao

Nice trades.

abaqus

Nice trades.
yaobooyao 发表于 2010-3-25 17:38

    Have you got my message?

ludama

nice, cong!
wish i have your patience and skills.

Diffusion

goldsilver

very brave, experience and difficult task

tstones

so how many points did you get per contract today?

ut1984

LadyLucy

kyshuishou

谢谢分享！
比较困惑的是感觉自己水平有所提高，但总是把握不好入场以及出场点位，可以具体分享一下怎么操作吗？
我在7之前一个bar空进去的，影线刚好把我止损掉，在10出空，但设置的单子没有成交，这种情况你会怎么处理？谢谢！

happyface

你真牛,又DT赚钱又灌水

acoust

abaqus

谢谢分享！
比较困惑的是感觉自己水平有所提高，但总是把握不好入场以及出场点位，可以具体分享一下怎么操 ...
kyshuishou 发表于 2010-3-25 19:33

    bar #7: my rule is add stop 1 tick above the top of the signal bar. for this case, it is 1 tick above intraday high. I think 1.25 point is ok.
    bar #10: I got filled with Stop Sell. I expected 2 legs up, but not. I add Stop Sell on my long position. for example, 4 stop sell contract for 2 long contract.  This is not necessary to be a good way. sometime, it generates loss for me. Today it works.

abaqus

你真牛,又DT赚钱又灌水
happyface 发表于 2010-3-25 19:36

    well,  I spent more time WATER for fun and relax, and also gain a lot of useful infor from your guys...
and you know, you just need to have less than 15-min to decide and entry one single trade...
wait and see at most time...

abaqus

very brave, experience and difficult task
goldsilver 发表于 2010-3-25 17:49

    yes, it is.
    today is an easy DT day. Most DTers should made money.
    that's main reason I call it text book example, which always miss leading people.

MtlJaysFan

Thanks for sharing

inosine

3#的下一个bar是triangle突破, long entry.

4#/6#/7#的组合正如你说的是weakness shown up, 昨天早盘9:30-11:00也是有类似的三点示弱组合。

7#和8#之间的dip是破doulbe (or triple) heads的计算目标位， 实战中我在那里cover short, 在8#reload short.

like2swing

You're a fast hand. What broker and charting tool do you use to trade ES? Do you know any web-based charting tool for ES?  Nice trades. thanks.

mtlu2

nice job