Recent content by blaster1

Pretty good results, do you mind sharing your strategy?

LL, it seems that your risk/reward is not favorable. You need to increase it to a least 1:1 (if not better) if you're scalping. I trade mainly ES but I do some YM trades as well. Just to give you an idea, I'm posting a breakdown of my YM activity today: No of trades: 15 Winning Trades: 11...

1 and 3 is way too noisy even for my ultra short term scalps which sometimes last only a few seconds. I use 2 and 5 along with watching activity on the DOM. No other indicators whatsoever, except for volume. Price action rules!

Posted today at 12:43 pm: Posted today at 1:10 pm: Posted today at 1:34 pm: and finally the post in question: As you can see, I was short biased all afternoon. I didn't consider the trade in question to be just another scalp and I gave a reasonable target in advance (new lows). My stops...

Optioncoach, it's the way you asked the question. Anyway, this is not the first time I'm being questioned regarding validity of my entries/exits... Btw, most of the time I don't use hard stops and the price never traded higher than 1432.

You guys are a major nuisance. That's why this journal is turning into crap. I'm done posting.

Short 24.75, stop 25.75. Edit: stopped -1.

Yeah it touched it.

Long 22.5, stop 21.5. Edit: out 24 +1.5

Covered @25 +6.

Short 31, stop 32. Target new lows.

Long 31.75, stop 30.75. Edit: stopped -1.

Covered @34 +6.25. May re-enter after a bounce.

Cash hit 1440. Lot of longs had that number as their upside target.

Short 40.25, 1 point stop. Last trade today. Possible MOC hold.