scalps on the 6E

[spy74]

hi there. trading from home and get quite bored. so i though i'd have a go at posting up some of my trades. I spend the early evening (your morning) looking at 6E, then providing i don't fall asleep, I'll switch to the ES after midnight (your lunchtime). I'm still quite new at this and like trading off 1m & 2m charts so i won't really be able to post my set-ups before they occur - although if i can, i will. i will however, post up my trades as well as the reasoning behind them and the entry/stop/exits. still only trading 1 lot so no opp yet to scale out of trades unfortunately! hope someone finds this helpful....

1. break of daily low/support @ 1.2881 => sell stop @ 1.2879 to enter, stop @ 1.2886, t/p @ 1.2871
2. retracement back to 61.8% fib & 20 period EMA, small rejection candles => sell stop @ 1.2887 to enter, stop @ 1.2894, t/p 1.2880

was out eating dinner when the move up to the daily pivot began unfortunately but managed to find an entry...

3. solid PA trend, break above daily pivot, retracement back toward EMA's, smaller candles (esp note doji on 1min) => buy stop @ 1.2955, stop 1.2949, t/p 1.2961

 

[spy74]

some action around the new daily pivot @ 1.2946, and a nice PA trend on 1min and 2min charts....

4) sold break of pivot (was hoping to fade the first touch but missed) => sell stop to enter @ 1.2944, stop loss @ 1.2948, t/p 1.2939

5) retracement back towards EMA's, small candles around 10 period EMA => sell stop to enter @ 1.2936, stop loss @ 1.2941, t/p 1.2930