ES Journal - 2012

[Spectre2007]

Quote from Trvlwanderer:

Well done spectre.

Thanks for sharing....a rare quality on et.

No prob, It helps with trading when its team effort, others put forth ideas that lead me to think in different directions. Ammo and Handle posting trades, they are indicators themselves. A group effort to bring forth concepts and ideas, its hard to find that in real time basis.

Just like Handle says its, its hard to keep the mental focus in play throughout. Today all I had was mango juice for most of trading session. And caffeine. At screencast there are multihour videos of mine, I sometimes watch them to see active price action.

If I didnt make a active effort to help, the focus is not there as much, I find myself drifting off.

 

[Spectre2007]

Quote from Spectre2007:

riding line

with 'line ride', you have cascades down but swiftly comes back to line, till top of ATR.

Todays action was very effort driven to bring price down yet accumulate. The undelying factor was FED perceived statement of increasing scope of QE3. Sell2 Buy3.. then just Buy buy buy till gig was up.

 

[Trvlwanderer]

Quote from Spectre2007:



Just like Handle says its, its hard to keep the mental focus in play throughout.

Agreed.

I used to post trades quite a bit, but would lose focus during some of those stretches....it became distracting. I did not want an integrity issue of missing a post or follow-up either. That actually becomes noise in itself.

I do appreciate the input by those who do, and I am sure I speak for many of the "silent" ones as well.

Thanks again.

 

[Spectre2007]

Quote from Daring:

I read bullishness across the board, including NQ and Euro, considering I don't do long positions, covering my short position from 57 @ 31 for +26.00 until further notice.

Its a good quality to have to take your profits when the price action changes against the trade. We would have seen lower levels if it wasnt for the FED news that some knew and took advantage of throughout the day.

a "buyer" kept it up most of the session, then let price drift down, then FED news is public, and price ramps up.

 

[Spectre2007]

previous line ride

 

[gmst]

I am building a long position scaling in. Currently long with average price of 1425.25. One more buy order at 1418.25.

Currently stop for full position at 1406.

 

[gmst]

Quote from gmst:

I am building a long position scaling in. Currently long with average price of 1425.25. One more buy order at 1418.25.

Currently stop for full position at 1406.

Added at 1419.5. Average price = 1424.25

 

[Humpy]

Quote from gmst:

Added at 1419.5. Average price = 1424.25

seems to be sliding lower and lower.
At what point do you sell the whole position for a monster loss ?

 

[Spectre2007]

Quote from Spectre2007:

with 'line ride', you have cascades down but swiftly comes back to line, till top of ATR.

Todays action was very effort driven to bring price down yet accumulate. The undelying factor was FED perceived statement of increasing scope of QE3. Sell2 Buy3.. then just Buy buy buy till gig was up.

overnight cascade, key here is to put in another low but higher then the previous low to run back to the line, this could also be spillover, the bankers realizing that Obama will be our next president. Romney defeat, I will have active sell stops below 1413-1414, if yesterdays low doesnt hold, the market will go to 1380.

 

[gmst]

Quote from Humpy:

seems to be sliding lower and lower.
At what point do you sell the whole position for a monster loss ?

Stop 1406 for half position.

Other half somewhere in 1390ish.