ES Journal - 2013

[actionzip54]

In all seriousness, it looks like a chop day to me.

 

[pinkman]

Quote from Visaria:

looking oversold here ....

Nice one.
You're over 3 points to the good already. Zero heat

 

[schizo]

Quote from schizo:

Short 28.25
Target...BELOW 1700
stop 37ish

If I get burned, I might as well start a fire.

Added at 34

 

[actionzip54]

Quote from schizo:

If I get burned, I might as well start a fire.

Added at 34

Never go full retard.

You just went full retard.

 

[Trvlwanderer]

Quote from actionzip54:

Never go full retard.

You just went full retard.

No guts, no glory bro.

 

[Visaria]

looking mighty overbot here...

 

[Wittgenstein]

Quote from schizo:

If I get burned, I might as well start a fire.

Added at 34

 

[Trvlwanderer]

Quote from Visaria:

looking mighty overbot here...

Prep for the push above 40?

 

[schizo]

Quote from schizo:

If I get burned, I might as well start a fire.

Added at 34

Final short added 34.50 (no more)

In the mean time, raising the stop to 42 (not that I will likely to stick around that long).

 

[Trader.Fighter]

Quote from schizo:

Final short added 34.50 (no more)

In the mean time, raising the stop to 42 (not that I will likely to stick around that long).

What is this schizo, amateur hour?

Step 1

Find a strong trend, don't trade until you do.

Step 2

Embrace it, dont' fade it.

Is it too hard to follow the moving averages of say the 15min, instead of fading them ?

Do the same, but from the long side, for as long as the trend remains healthy, don't fade the averages for as long as they are trending, and when price extends itself from them, take profits.

When the averages are trending down, then you may short!