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  1. K

    A Very Simple System...

    I should have clarified that this is for the ES contract, I forgot that not everyone is fixated on one symbol as I have become. I backtested from the beginning of the year, which of course has been a bull market, so results were positive. April has been a tougher month, but is still...
  2. K

    A Very Simple System...

    Is that from backtesting?
  3. K

    A Very Simple System...

    Buy the Open. Ten point target, ten point stop. If neither is reached, MOC. Actual trade results to be posted beginning 4/13. Thoughts...
  4. K

    ES Journal Archive (2011)

    Truer words were never spoken. Thanks for the encouragement.
  5. K

    ES Journal Archive (2011)

    Added at 1208 to average in at 14.50, covered B/E. Not cut out for swing trading, need to stick to my stops. Lesson learned, again...LOL!! :p
  6. K

    ES Journal Archive (2011)

    Interesting that the Beige Book was pretty positive overall, but the market dropped like a rock. I guess there's no telling how traders will react to news until after the reaction. Still married to my ES long from 21, holding until EOD or cover at 19.
  7. K

    ES Journal Archive (2011)

    Thanks for the reminders. :D Besides, Macho G is long now, so we're bound to rally. Beige Book in ten minutes will make me or break me, time will tell.
  8. K

    ES Journal Archive (2011)

    It gives me a chance to see what swing trading is like. I can take a little heat, it was a bad trade and I know it.
  9. K

    ES Journal Archive (2011)

    Nah, I cancelled my stop. Gonna hold for the bull run to 30.25. :p Hell, I may even add at 17.50, nothing like averaging in...LOL!!! Looks like some long stops are about to get run at the 17 level...:eek:
  10. K

    ES Journal Archive (2011)

    Long ES @1221.00, Target 1223.00, stop 1219.00. EDIT: I cancelled my stop, gonna go bareback on this one. Will cover B/E at 21 if able. This low volume is making it too easy to move the price around. (1:30)
  11. K

    ES Journal Archive (2011)

    Wow, talk about manipulating the market!! Maybe we could all get together and come up with similar stories that would benefit our positions in a similar fashion for twenty point runs. But that would require us agreeing on market direction...LOL!! :D Looks like alot of up and down for...
  12. K

    ES Journal Archive (2011)

    Wow, stopped out @19.50 -1. Looks like the bears are trying to regain control for awhile longer... That was the kind of move I was looking for, but in the wrong direction...LOL!!:eek: I think I'll take my one point profit and go buy a cheeseburger, you kids have fun. :cool:
  13. K

    ES Journal Archive (2011)

    Long ES @20.50, target 24.50, stop 18.50. EDIT: stop moved to 19.50 (11:10) Need to see continuation above the 22 level soon or I will scratch this one.
  14. K

    ES Journal Archive (2011)

    I had the opposite problem, saw several opportunities but didn't trade them. Maybe we can meet in the middle and post a couple of winners...LOL!! :cool: A move below 22 flushes the longs and gets everyone short, with stops ~20-21. I am buying that level if the setup still looks good at that...
  15. K

    ES Journal Archive (2011)

    It's very tempting to buy this level, but I would prefer to see a test and failure at 20 before going long. Pulled back just enough there to run the long stops below 22 before popping up again. Lots of trickery going on here...LOL!! :p Starting to look like a bear flag/pennant, with 22 as...
  16. K

    ES Journal Archive (2011)

    A pullback to the 20-21 area is a good buying opportunity, IMO. Finding some support here @ 22, let's see if it holds.
  17. K

    ES Journal Archive (2011)

    That was a great setup, too bad I was busy typing instead of watching the chart...LOL!! :eek:
  18. K

    ES Journal Archive (2011)

    I only know what I see, and I saw that trade working. Interesting how it went to 15.50 then reversed, probably wouldn't have gotten filled at that price. I wasn't trying to rub salt in your wound, just pointing out that long in a downtrend seemed risky. But that's just my opinion. :cool:
  19. K

    ES Journal Archive (2011)

    Falling knives, brother. I tried to sell 18.50 for a move to 15.50 but it ran away from me. :p
  20. K

    ES Journal Archive (2011)

    Covered ES short at 18.50 +2. Using a new platform and closed position in error when trying to move stop to B/E... :(
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