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Let's try this again. Long 1292.50 Stop 89.50 MA crossover Edit: Stop to 1293 (12:24PM EST)

Stopped out on this trade.

No problems here. Bid / Ask size seems lighter then normal. Anyone could really push the market around here...

Anyone buying here? Going for the big score here. I see solid RSI support 15, 30, 60, 120, 240. Long 10 contracts 1281.25 Stop 1273. Late posting (I attached my screenshot, time is on PST)

Attached is my current spreadsheet of the system. Hopefully it all makes sense and please feel free to ask questions. Once we get past the actual results, (on the right side) is tracking of what if results. For instance, (in the new system) if we use a trailing stop on both contracts...

Real stops in place is always a must...but the market could gap 20 pts either way so better advice for today is small position size. Anyone notice Nat Gas just started rallying...almost 10% in about an hour

Changing to the short side here. Short 1225.75 (4 contracts) Stop 1228.50 Edit: Stopped out (12:14PM EST)

Adding on to position. 2 contracts at 1227.50. Stop on entire position to 1224. Edit: Stopped out on entire position. +7.5 on entire position minus commissions (11:37EST) Edit2: I got jinxed by Regal!

Thanks. If I could have stayed up all night I would have waited for a better entry. I pretty much went to sleep right after.

Stop raised to 1222.

Got distracted and then last second I got a chance to go to the Cardinals Dolphins game. I ll work on it later today / tonight... Not making any r10 trades today. I just don't think a 3 pt stop is big enough in this market. I'll watch from the side.

Just went long 2 contracts at1216.75 (currently at 1218) as I believe the worst is finally coming to a close. It now looks like the rest of the banks will not let another big bank fail with their 70B lifeline. My stop is at 1197 and no current target on this one. I expect to close out near...

I'm working on it now...but its really only been 2 weeks (9 trading days with Labor Day). We also made changes as far as making trades using 512 tick chart vs 5min chart.

Curious why did you think the market was heading down? I thought the market was heading higher and traded that way. Remember markets tend to trend intraday almost all day.

BB, Yep just wanted to make sure. Have a good weekend all. I'm not willing to hold over the weekend long or short so calling it a day. +325 gross 19.60 4 RT commissions of 4.80. Net +305.40

Trade on long...but in the back of my mind I can't help but think that 'they' want the market to close up for the day and week.

Re entry Long 44.75 Stop 43.50 Target 55.50 8:1 RR Edit: Stop to BE +.25 (2:40PM EST) Edit2: Stop to 47.00 +2.25 (2:45PM EST) Edit3: Exit here at 50.50 on lack of strength +5.75 (2:55PM EST) Edit4: Strength basically shows up 10 secs later...target would have been hit! Still nice...

BB, Did you (or anyone) catch a possible new short at 50.50 or 50.75 (Z8?). I decided to move up to 54 (from 44) and obviously didn't get filled, but the more aggressive trade also is working. SS - hope you see what I mean about being an aggressive vs. conservative trader...vs. being too...

I've been working on my intraday trading strategy. Here is my first live trade posted here on ET / ES journal. Long 45.50 Stop 43.50 Target 55.50 5:1 RR Edit: I'm using some MA crossovers, and no V they are not what you use if that's what you are thinking. :) Edit2: Stop moved to...

FWIW - Some relationships are off like you said. Perhaps just the VIX and SPX relationship is off. Normally VIX goes down when the market goes up...but the market has been quite volatile this week even though we've closed 3 out of 4 days higher and possibly today as well.