ES Journal - 2013

Quote from Builder17:

s 44
stop 48
t 38
More...

Builder...not that it's any of my business but I continue to be puzzled by your choice of stop placement. R3 is just three ticks or so above your stop and while the odds of a close above R3 are fairly diminimus, the odds of hitting R3 are not.

There is also a bit of a confluence of stuff around 1647.25-.75, a possible stopping zone, but (in these conditions) a likely attraction zone, as well. For whatever it's worth...admittedly, perhaps, not much
 
Quote from tortoise:

Builder...not that it's any of my business but I continue to be puzzled by your choice of stop placement. R3 is just three ticks or so above your stop and while the odds of a close above R3 are fairly diminimus, the odds of hitting R3 are not.

There is also a bit of a confluence of stuff around 1647.25-.75, a possible stopping zone, but (in these conditions) a likely attraction zone, as well. For whatever it's worth...admittedly, perhaps, not much
More...

thanks, i do see r3 there.
this is based on target and risk i was willing to put up with at start of trade, at which point i thought was a decent intra-day swing entry.
 
Quote from Builder17:

thanks, i do see r3 there.
this is based on target and risk i was willing to put up with at start of trade, at which point i thought was a decent intra-day swing entry.
More...

Well we hit confluence zone and, who knows, maybe that's it. You still in the trade?
 
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