Looking for a waterfall down to 41-45.
ES Journal - 2013
- Thread starter Trvlwanderer
- Start date
Whatever happens I don't see ES going below 1630 at all. Actually between 1640-1660, it will be a great opportunity to buy back from a position trade perspective (3-6 months) - looking at 120-180 point profit for 30 point loss.
If we get there and if I develop the patience to keep my open positions for so long
If we get there and if I develop the patience to keep my open positions for so long
Adding 75 2x.
I'm going to weigh in here with a trade call or two. My background: unimportant. Details: still unimportant (how's that for an intro?).
Short ES 1677.75
Stop 1679.50
Target 1671.00
Short ES 1677.75
Stop 1679.50
Target 1671.00
out of 2 at 1678 for 7+7 = 14 points. And made 7 points on 2 cars on the other scalp on Friday from 83 to 86.5, so 7 points on that. So, booked total of 21 points by now.
Current open unrealized loss is 93-78 = 15 points for 2 cars, so a total of 30 points. So, net loss as of now = 9 points. Looks much better now
So, net position currently - 2 cars long from 1693 open.
Quote from gmst:
Whatever happens I don't see ES going below 1630 at all. Actually between 1640-1660, it will be a great opportunity to buy back from a position trade perspective (3-6 months) - looking at 120-180 point profit for 30 point loss.
If we get there and if I develop the patience to keep my open positions for so long
+1...kinda my thinking
neg right now...short term I do think 60's even 50's possible but the decline has been pretty orderly. looking for some long scalps..in my mind NQ's are much more vulnerable to a more significant drop.