Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
maximum risk (*): per trade $300, max $800 for the day
my psychological and physical state: very good, but today there will be lots of distraction, so I will not be concentrated on trading
my goal for the day: only trading if I can concentrate/focus on the charts, only in trend direction
FGBL ---> expected direction: DOWN longterm trend (~3weeks) UP M- (*1) (*3)
shortterm trend (3 days) DOWN M+ (*2) (*3)
support levels___: 123.86 ## 123.60 ## 123.45 ## 123.29 resistance levels: 124.12 ## 124.52 ## 124.60
FESX ---> expected direction: UP
longterm trend (~3weeks) DOWN M- (*1) (*3)
shortterm trend (3 days) UP M+ (*2) (*3)
support levels___: 3015 ## 3000 ## 2982 ## 2967
resistance levels: 3040 ## 3053 ## 3080 ## TOP
ES ---> expected direction: UP
longterm trend (~3weeks) UP M- (*1) (*3)
shortterm trend (3 days) UP M+ (*2) (*3)
support levels___: 1325.00 ## 1319.50 ## 1312.00
resistance levels: 1339.50 ## 1343.00
6E ---> expected direction: UP
longterm trend (~3weeks) UPM+ (*1) (*3)
shortterm trend (3 days) UP M+ (*2) (*3)
support levels___: 1.3795 ## 1.3750 ## 1.3720 ## 1.3700
resistance levels: TOP
Footnote:
(*1) longterm trend is measured on 60 minutes chart (~ last 3 weeks)
(*2) shortterm trend is measured on 60 minutes chart (~ last 3 days)
(*3) I added the "M" = Momentum, if a trend gets stronger "+" or weaker "-"
maximum risk: per trade $300, max $800 for the day, max 2 contracts
my psychological and physical state: I am feeling well, prepared for the trading day, today again there is lots of distraction going on
my goal for the day: only trading if I can concentrate/focus on the charts, I want to focus on the S/R levels, if the situation is clear on these points
FGBL ---> expected direction: DOWN longterm trend (~3weeks): UP M- shortterm trend (3 days): DOWN M- resistance levels: 124,52 ## 124,60 ## TOP support levels: 124,15 ## 124,06 ## 123,85 ## 123,30-123,59
FESX ---> expected direction: DOWN longterm trend (~3weeks): DOWN M- shortterm trend (3 days): UP M- resistance levels: 2979 ## 3006-3009 ## 3027 (VPC) ## 3031 ## 3039 (VPC) support levels: 2958 ## 2944 (VPC) ## 2923
ES ---> expected direction: DOWN longterm trend (~3weeks): DOWN M+ shortterm trend (3 days): RANGE 1292-1336 resistance levels: 1305,5 ## 1310,5 ## 1313,25 ## 1319,25-1320,5 support levels: 1299 (VPC) ## 1291,5-1292,5 ## 1284,5 ## 1274,5 (VPC)
6E ---> expected direction: UP longterm trend (~3weeks): UPM+ shortterm trend (3 days): RANGE 1,3761-1,3853 resistance levels: 1,3811 (VPC) ## 1,3849 ## TOP support levels: 1,3751 (VPC) ## 1,3722 ## 1,3701 ## 1,3660 (VPC)
I made one mistake and traded against my rules for today. I wanted to sell the resistance and buy the support, but I traded a breakout. (Afraid of missing a move...) and got stopped out, well that part is ok.
FGBL:
S/R were quite visible and prices stopped at each support.
FESX:
a little bit confusing, up and down moves, no direction
ES:
after the strong down move yesterday, very quiet today
hit clearly some S/R levels
6E:
made a new TOP for the period.
Lessons learned: I have to stick to my S/R levels and try not to enter breackout trades, since I have no statistics collected for breakouts
maximum risk: per trade $300, max $800 for the day, max 2 contracts
my psychological and physical state: I am not so relaxed today, but I am sitting concentraded at my desk
my goal for the day: Today I want to stick to my rules, and only trade at S/R levels, choosing good stop points, and scale out if in a loosing position
FGBL ---> expected direction: DOWN longterm trend (~3weeks): UP M- shortterm trend (3 days): DOWN M+ resistance levels: 123,93 ## 124,12-124,20 ## 124,39 ## 124,52 ## 124,60 ## TOP support levels: 123,30-123,59 ## 123,44 ## 123,30 (VPC) ## 123,12 market opinion: DOWN => sell the resistance
FESX ---> expected direction: UP?? longterm trend (~3weeks): DOWN M- shortterm trend (3 days): DOWN M- resistance levels: 2979 ## 2993 ## 3006-3009 support levels: 2958 ## 2944 (VPC) ## 2923 ## 3027 (VPC) market opinion: UP? => buy support
ES ---> expected direction: RANGE longterm trend (~3weeks): DOWN M- shortterm trend (3 days): RANGE 1297-1336 resistance levels: 1313,5 ## 1319,25-1320,5 ## 1325 ## 1328,5 support levels: 1299 ## 1291-1292 ## 1305,5 ## 1310,5 ## market opinion: RANGE market => sell top, buy bottom
6E ---> expected direction: UP longterm trend (~3weeks): UPM+ shortterm trend (3 days): UP M+ resistance levels: 1,3865 ## 1,3889 ## TOP support levels: 1,3850 ## 1,3833 ## 1,3811 ## 1,3795 market opinion: UP market on a TOP