ES Journal - 2012

[mastacoli71]

Quote from DanS:

Maybe a move up to the 87 area before we sell off some more?
Any opinions?

72 and 77 are key levels. above that 82.5.

it is going to take something really really really good other then what has been going on the last 5 months for it to sniff that upper level.

the best thing to do is trade what you see and not what you think. that is why i am willing to go long and short at any given time a setup is there.

 

[BSAM]

Quote from mastacoli71:

...the best thing to do is trade what you see and not what you think. that is why i am willing to go long and short at any given time a setup is there.

Generally solid advice.
How many trades a day are you willing to make?

 

[startraitor]

100 handle rally brewing here, 1440-1466 from here to 1345, sitting on longs.

 

[volente_00]

Quote from startraitor:

100 handle rally brewing here, 1440-1466 from here to 1345, sitting on longs.

stop ?

 

[failed_trad3r]

Quote from startraitor:

100 handle rally brewing here, 1440-1466 from here to 1345, sitting on longs.

yup

 

[mastacoli71]

Quote from BSAM:

Generally solid advice.
How many trades a day are you willing to make?

Depends on the number of setups. Been averaging about 1-2 / day.

I learned the hard way to be patient and it is finally starting to show in my results lately.

 

[mastacoli71]

short 70

 

[failed_trad3r]

today a trend day +20 ES??? or tomorrow?

 

[bigsnack]

Quote from failed_trad3r:

today a trend day +20 ES??? or tomorrow?

This move seems to have serious gas. I missed a fill and kept dragging my order up, and eventually canceled it. I'm hoping for a pullback to yesterday's high, but I don't know if we're going to get that...

 

[gmst]

sim short 1372.75

2 point stop