same 3rd failure swing now on ES 4 hour chart, when it's 3rd it's normally the one that triggers.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1586607>
scaled out 2 lots -19.5 before yesterday's close
3rd kept short, still short. Might trade from long side short term trades.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1586607>
3rd lot +1.5, should have placed 1 Long near lows, it was a clear error not to.
short 3
c'mon, give us A failure swing
that' it, c'mon, might develop 3rd lower top + div on 2 min chart
-2
short 3 off the top
-1
very cool, I went short about same time as you via DAX very near current high, scaled out and now riding it, trailing stop adjusted to b/e on last lot.
I agree with B uy1Sell2, after trading ES I don't see how can 2 points be an appropriate target, it's a b/e scenario at best ImO, unless 2 point gain is treated as an initial scaled out target.
What was the reasoning behind the call JJ?