ES Journal - 2013

Quote from bvam1:

you guys still holding to your long positions?

myself yes.

others have already posted their stop levels. So, I guess they are as well holding on.
 
let a couple long entries pass by as the selling pressure is pretty decent. those were pre-rth thoughts, but the conditions said otherwise.

would like to see 63.50 - 64.50 for a small entry long
 
that's why mean reversion should be done only a few times against your system a day. I took a low probability trade on that one. Was right on direction, but had bad luck on timing there. Supposed to re-enter short, but target did not hit.

It's bottoming out. Will see in 5-15 mins. We might exit long position break even or slightly up.
 
Quote from bvam1:

that's why mean reversion should be done only a few times against your system a day. I took a low probability trade on that one. Was right on direction, but had bad luck on timing there. Supposed to re-enter short, but target did not hit.

It's bottoming out. Will see in 5-15 mins. We might exit long position break even or slightly up.
mean reversion on trend days should be to the longer term mean in the direction of trend, 61 next near one then 55
 
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