ES Journal - 2012

Spectre2007 · Oct 24, 2012

By holding it here more shorts build up.

iloveoptions · Oct 24, 2012

Quote from gmst:

Stopped half at 1406 yesterday,

added again at 1410.25 today for full long position. Stop 1401. [/QUOTE

gmst,

Your stop is too close. Very well within the noise range.

gmst · Oct 24, 2012

Quote from iloveoptions:

gmst,

Your stop is too close. Very well within the noise range. [/B]

I plan to remove the position before 215 and then reevaluate.

Just looked at the calendar and it confuses me. What will happen at 215 today? Seems from the calendar that there is no statement, no press release, no information will flow out at 215 today! Am I reading it correct?

http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

Lespaulr0cker · Oct 24, 2012

Quote from gmst:

Just looked at the calendar and it confuses me. What will happen at 215 today?

http://mam.econoday.com/byshoweventfull.asp?fid=450771&cust=mam&year=2012&lid=0#top

gmst · Oct 24, 2012

Quote from Lespaulr0cker:

http://mam.econoday.com/byshoweventfull.asp?fid=450771&cust=mam&year=2012&lid=0#top

Thanks, that was useful. I like the site.

Lespaulr0cker · Oct 24, 2012

Quote from gmst:

Thanks, that was useful. I like the site.

Here is another good one with events from around the globe:

http://www.forexpros.com/economic-calendar/

Macho · Oct 24, 2012

Quote from Spectre2007:

simple but effective, gets out at 1 point targets.

Spectre,

I noticed that most of your charts show that you are setting your info based on 240 tick.

Is there a fundamental reason behind 240 as opposed to any other number?

Spectre2007 · Oct 24, 2012

Quote from Macho:

Spectre,

I noticed that most of your charts show that you are setting your info based on 240 tick.

Is there a fundamental reason behind 240 as opposed to any other number?

No specific reason just to condense info but not too much. The tics need to be responsive for assessing price action.

gmst · Oct 24, 2012

Quote from gmst:

Stopped half at 1406 yesterday,

added again at 1410.25 today for full long position. Stop 1401.

out half position at 1410.25. Keeping the other half with stop around 1398

EDIT: Nothing new and muted market impact.

Reinstated the long position. Re-entered at 1409.

Handle123 · Oct 24, 2012

Long 1404.00

R 4 ticks

TP 4/8 ticks