Long position of ES was established when it pulled back to 20-EMA. I did not take profit when it hit last swing high (It was 1-R gain at this point of time), and it was Pivot R1 level as well. Instead, I moved my stop to break even which was below 5-EMA. I am thinking maybe i should take profit at this point (partial profit taking is not an option to me at this point of time, I am trading 1 contract for ES), and subsequently look for second entry opportunity. Anyway, stop was triggered. Well, too bad. One trade closed with B/E.

• Long above high of 18th candle. It was supported by 20-EMA
• Stop was set below the low of 18th candle.
• Target was set at Fib extension 61.8%

At the time of writing this post NY time 1205pm, I found that Tradestation quotes and charts are frozen for the past 2 minutes. After restarting the application, everything seems fine. I don’t know what’s going on again.

Recently I am enjoying trading dummy in 5-min ES. Volatile and bigger tick value comparing to YM and NQ.

Ok, a coward can’t make big money.
Mistake of the day was not taking position of YM and ES in the first 30 min. I was not confident enough. Here is a trade with second setup found in ES. I scratched the trade with 0.32-R gain. ES was hanging at 61.8 Fib level and it seemed to be finding resistance at this level. I decided to exit the position and wait for second entry when it pulled back to moving average. (I know, this is just an excuse of not willing to see my stop loss get hit, stupid coward).

• Uptrend.
• Long above high of 15th narrow range inside bar, which was also supported by rising 5-EMA.

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