This morning (European morning) ES had an open drive down and I sold a pullback twice for small gains. I joked that there was a 20 pt move and I got 2 pts of it. But in reality, a couple 2 pointers ends up making a nice day when trading large size. I’m not quite there yet but I’m a step closer.
Before the ES cash open I said I didn’t have a plan and I didn’t. I tried to get short after the open but was not click enough to put my order on the DOM. Then it made a double bottom but I was not going to fade an open drive down. It went up and made a new high and I tweeted my one trade idea: Buy pullback to 59-60 area. I did and that was my only trade during RTH.
This was the first day that I can remember where I didn’t take any 1 lot trades. I was pleased with today even if I didn’t capture any big moves.
ES is in a triangle pattern. Will be interesting to see which way it breaks out.
Good luck tomorrow and be careful.