ES Journal - 2012

[ammo]

Quote from ammo:

reduce 85...avg 83

75 bid for reduce,this mornings move down to 78(break below the 80-81 cleave) gives a bias towards a touch of the 76-74 nip short term

 

[mastacoli71]

Quote from ammo:

those 20 point moves happen, and fed days are a good time to be flat before the number,but worrying about them using smaller stops of 2 3 4 points ,those stops add up to 20, many times ,over the number of times a year you will get caught in a 20 pt move

could not have put it better, thx ammo.

 

[mastacoli71]

Quote from ammo:

75 bid for reduce,this mornings move down to 78(break below the 80-81 cleave) gives a bias towards a touch of the 76-74 nip short term

I am bidding 75 and 72. 72 is just above the support from 4/8 and also happens to be a little less the an ATR from overnight high.

 

[ammo]

72-70 is yesterdays mid nip

 

[keeptradin']

Looking to enter ES short @ 82.25 (50% R/T from Overnite H to L).

Will wait for gap to be filled @ 83.75 before entry.

(EDIT/9:51) Very heavy on the offer at 83, would expect them to move it there.

(EDIT) Gap filled at 9:55.

 

[mastacoli71]

Quote from mastacoli71:

reduce 80, avg 80.25

add 84, avg 81.5

 

[keeptradin']

Sold ES @ 83.00

Stop @ 86.75

Target 78.00

 

[keeptradin']

Covered 1 @ 82 +1

Stop to 85.75

Covered rest @ 85 -2 (10:48)

Not happy with lack of downward continuation.

 

[bigsnack]

Well put Ammo! I had a pretty disappointing performance in Feb / March, and thought the same things myself. Death by 1000 paper cuts!

Upon review though (for me), my losses were due to being stubborn and not following my plan.

 

[mastacoli71]

Quote from mastacoli71:

add 84, avg 81.5

reducing at 81