ES Journal - 2012

[ammo]

es

 

[Laissez Faire]

Quote from ammo:

they have their drawdowns but the percentage is 9 months or better out of 12

That`s pretty good!

 

[Laissez Faire]

Quote from keeptradin':

I usually use the RTH also, but found it noteworthy that 99.75 proved to be the first support level.

Could be random, as 1300 is a round number and typically means something.

 

[ammo]

rth prev day nips cleave ledges work better than extended,probably because of heavier volume, more remaining longs or shorts there willing to break even on bad trades

 

[Laissez Faire]

Bear flag.

If I was reckless, I would enter a short in this area, but I`m not, so I will either enter at a higher level or on the break of the flag (or 1300).

 

[Laissez Faire]

What are you looking for above then, ammo? A close above 1300, is that the idea?

Are you going to put a breakeven stop on your long?

 

[ammo]

Quote from ammo:

long 01 .5 off 5/23 nip 2 pt stop add 01

reduce 4.25 stop to breakeven @1.25

 

[ammo]

Quote from Laissez Faire:

What are you looking for above then, ammo? A close above 1300, is that the idea?

Are you going to put a breakeven stop on your long?

watching trans and eur/usd but if things don't turn south, lower lows, looking for a cleavage fill, possible tl touch or that nip at 11

 

[keeptradin']

Quote from EON Kid:

using RTH values I get 1299.75 as S2

http://justjoecharts.com/wp-content/uploads/2012/05/SP-5.31.12-Cheat-Sheet.pdf

Good stuff, EON. Thanks for sharing.

 

[Laissez Faire]

Bear flag broke. Let`s see now.