ES
Open:
Long 2 @ 1458.50. 60m VC Doji and a Gap trade, soft 2.50 points stop loss at 2 ticks below the low, targets are 2.75 points at half gap fill and 5 points at full gap fill.
Close:
1st: Sell 1 @ 1458.50. It got to 1 tick from my half gap fill target and stalled, I was too slow to move the order one or two ticks down, and it turned back, I decided to move half stop loss to break-even.
2nd: Sell 1 @ 1461.50. Moved down the order to 1462.00 at 60m 18EMA, it came up close to that, I didn't want to wait and dropped down the order to the offer and got filled. Guess I didn't want to make the same mistake again and was pretty jumpy about this, so it was a little premature.
2 contracts $150 gross, $139.36 net.
For the day $460 gross, $435.48 net.
GC
Open:
1st: Long 1 @ 1672.9. Gold Rush, 4am CET, it was up 3.4, had missed a couple of entry points to go long, waited for gold to be up more than 3 and did a Gold Rush hoping it would break the trend line and rally. Only used 1 contract because of the high risk that it was already close to the trend line and it might hold. Will add in 1 more contract if it comes down to 1670 support or a new high. 60 ticks initial stop loss and 40 ticks target just below the previous high.
2nd: Long 1 @ 1670.1. Support add in. Initial stop loss 30 ticks, may raise it to 20 ticks. The average is now 1671.5. First target at break-even for the trade, second target is the target of the first entry or trail.
Close:
1st: Sell 1 @ 1671.5. First target hit, no heat. Adjusted stop loss to -40 ticks, may raise it to just below the swing low at the 2nd entry, will certainly do that if it breaks the swing high.
2nd: Sell 1 @ 1674.6. It made a new high with volume spike and broke the trend line but immediately got sold back. There was a 1m trend line, when it was broken I waited for the price to reach the projected target and exited the trade.
2 contracts $310 gross, $296.12 net.
