ES Journal - 2012

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Quote from Macho:

Selling 1 @134850 another on at 135125

Stop ZB 141'28.

I have a gut feeling I am not going to get filled though.

Orders cancelled. missed out by seconds earlier. That is it for me today. Good trading, y'all.

I think 30's could be a safe bet today:p
 
Quote from Macho:


I think 30's could be a safe bet today:p

I could see potentially 39, but that's an interesting conclusion you draw given that we have no scheduled news today, we gapped up, and so far have not exceeded 80% of 20 day median volume yet on the session. In other words, what reason is there to take it past the overnight low, or beyond a Friday gap fill? Would like to hear your thoughts on why dropping so much is such a safe bet?
 
10 day theory, unwritten brokerage in house rules,if you tell your customer to buy a stock ,several customers,and you buy it ,you can't sell in to your customers as they are buying a 1/2 point ,few points higher,you have to hold for ten day minimum,same with shorts,if you downgrade a stock asking them to unload
 

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Trvlwanderer thanks i should have had more discipline though. Im a believer in the process not the outcome and i broke my rules.

Ammo how do you know that? not questioning your knowledge because that actually makes sense! did you work at a brokerage?
 
Quote from CollegeTrader:

Trvlwanderer thanks i should have had more discipline though. Im a believer in the process not the outcome and i broke my rules.

Ammo how do you know that? not questioning your knowledge because that actually makes sense! did you work at a brokerage?

understand. broken rules feel the worst ( to me as well. You had little heat, so nice entry and good target though.
 
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