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1/3 -5.5 Long ES off 2 min chart bottom fishing -2.5

Long S2 again http://www.elitetrader.com/vb/showthread.php?s=&postid=1710397#post1710397

1/3 -1.5 Long S2 again on ES now larger stop, smaller position Counting on weekly chart's histogram bullishness to provide heck of a scoop up Scaled out 2/3 +3.75 Inverse H&S in its infancy K'MON!!! 1/3's stop at LOD now Still holding for now Histo on 1 min ES now setting...

Long off S2, scaled out 2/3 +2.75 1/3 -1.5

Long 3 Scaled out 2 +8 +6 3rd 3 min looks bullish, but 1 min looks edgy ohhhhhh, I pulled out in time, JEEEsus might reverse to upside very sharpish Yanks followed us 1/4 point cut Long ES off S2 Scaled out 2/3 position +2.75

3rd +30 locking in prior to FOMC

It would sound like a total fallacy on MS's behalf IF the method that he uses was not short any more. Since it is and he is still within his risk parameters, then I don't see anything out of wack. I could not trade this way, like ever, but if his yearly results have been positive based on same...

That's OK, but you have just said it yourself that trade should have been closed, but you continue holding it, that's what is confusing.

Scaled out 2 lots + 10.5 5 min divergence playing out, cool, ES bounced off pivotal, nice when things line up. 5 min MACD centreline X, let's challenge HOD, PPPPPPPPPPlease :) Holding 1 lot, although there is a classic divergence on 1 min now and below pivotal

Yes, I don't understand that either. Obviously MS refers to a bad entry, so does he mean to say that his method still indicates a decline and it being still within risk management he continues to hold through a substantial drawdown? Your targets must be huge to sustain this sort of drawdown.

Long 3 -3 long 3 tough going so far, bloody hell

I think to have a longer term bias in an intraday position is somewhat irrelevant, there is a lot of oscillation during a day, so I prefer just trading patterns.

LOL, you been a naughty boy?

Short 1 2 added -4

LOL

They keep bringing out more features in cellulars, all they need to do is increase vibrating function to gain female market share :)

Hold on there partner, what do you see right now on that chart? Right now there is a higher 2nd dip in MACD's histogram. I trade exactly same pattern on short term charts. Yes, there is a bearish divergence on that weekly chart, but do you really want to take your position through a potential...

Inverse Head & Shoulders now on 8 hour chart, patriots step up and claim a buck (or 2) :)

if that weren't a stock I would have estimated $20 as 1st target objective, weekly divergence average range. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1709111>

Mbusch, here is today's action in FDAX on 2 minute chart, exactly what I was going on about, a clear buy signal in histogram (just as on weekly charts). I know you expressed you views on how you see weekly p/a, this chart is just as an example of how I tackle histogram based entries on short...