ES
Open:
Short 2 @ 1431.00. 2h TC18, ready to add in 8 contracts at 4h TC18 20 ticks above, 8 ticks target.
Close:
Moved the target to 4 ticks after taking 5 ticks heat.
1st: Cover 1 @ 1430.50. It's been hovering slightly above the entry price for quite a long time, decided to decrease the risk and took half off. Now I only have to add in half the size if it goes against me and reach 4h 18EMA. 6 ticks heat.
Add-in:
Short 4 @ 1436.00. 4h TC18, 8 ticks stop loss, targets 3 contracts at 4 ticks at break-even, 2 contracts at 8 ticks.
Close:
2nd: Cover 3 @ 1435.00. First target hit, 6 ticks heat.
3rd: Cover 1 @ 1434.50. Decided to take off 1 of the remaining 2 contracts a little ealier because the $TICK has been above 0 since the open to reduce risk.
4rd: Cover 1 @ 1438.00. Stopped out.
6 contracts -$100 gross, -$131.92 net.
For the day $220 gross, $174.20 net.
GC
Open:
Long 2 @ 1769.3. Gold Rush, up 4.2 on the day, stop loss 30 ticks, targets 30 and 100 ticks or volume spikes for exits. Not so sure about this trade because it's only up 4 and has to get through yesterday's high at 1770.0, was thinking about putting an order at 1770.1, but decided to try here at a lower price.
Moved second target to 90 ticks at 50% retracement.
Close:
1st: Sell 1 @ 1770.3. There was really no energy to the upside, decided to take half off to reduce my risk. Now the most I can lose is $200 instead of $600. Moved the target to 50 ticks just above the 38% retracement, and made it easier to grab if there's a volume spike. 5 ticks heat.
There was a volume spike 8 minutes after the first exit, this would've been the first exit about 10 ticks higher if I wasn't so jittery, decided to not take the trade off, but did move the stop loss to the entry price.
2nd: Sell 1 @ 1771.5. There was a weird volume spike, the price shot up and got hammered down, it spiked to exactly the 38% retracement, my target was above that, so no fill, wish I had my target below the retracement. Was not quite sure if I should close the trade or not, but finally decided to take the trade off 3 minutes after the spike, put a limit order a few ticks above the current price and got filled. Turned out to be a good decision, would've been stopped out 15 minutes later.
2 contracts $320 gross, $306,12 net.
