ES Journal - 2012

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Quote from Laissez Faire:

I assume you`re looking at the 50% level as a possible target?

A local top at 04,50, 2 ticks below, that may act as resistance. Just in case you don`t see it. :)
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Thanks, guys!! :)

I had 50% at 05, along with S1 at 04.25. Covered there 'cuz I don't like being long for long in a downtrend.

This 04 level looking like it could be sticky zone for awhile. Tempted to short here, but gonna stand aside and keep my profit.
 
Shorting the 50% with a limit order and a tight stop in advance is often a good trade.

Very satisfied with how I read the market today, although I only got 3,75 points to show for it.

I may be going back to focus more on ES than CL, because I feel that I currently have an edge in ES that I don`t equal in CL. CL does not have the same respect for levels that I find ES got or perhaps I`m just not good enough reading them in CL.

The only problem is that the hours suck for me here in Norway, but if I can trade half the session most of the days, then maybe I can make it work after all. :)
 
Quote from Laissez Faire:

I may be going back to focus more on ES than CL, because I feel that I currently have an edge in ES that I don`t equal in CL. CL does not have the same respect for levels that I find ES got or perhaps I`m just not good enough reading them in CL.

The only problem is that the hours suck for me here in Norway, but if I can trade half the session most of the days, then maybe I can make it work after all. :)
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Would be great to have you around, LF. Always good to have another set of eyes reading the market action. :)
 
Quote from Laissez Faire:

Next time, you`re a real player and reverse your long for a short at the 50. :)
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That is the biggest challenge for me in trading...taking action based on what I see, and not what I think.

Right, Mastacoli71?? :)
 
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