ES Journal - 2014

[ammo]

closed the last of the 24 shorts at 68.5. think we drop to 69- 65 cash tomorrow but may or may not be around

 

[ammo]

spy............... sh 71.5 for a scalp...scratch

 

[mastacoli71]

closed the last of the 24 shorts at 68.5. think we drop to 69- 65 cash tomorrow but may or may not be around

I would take day or two off with a jan like that. Nice job ammo.

 

[Wide Tailz]

But it ain’t about how hard you hit. It’s about how hard you can get hit and keep moving forward; how much you can take and keep moving forward. That’s how winning is done! Now, if you know what you’re worth, then go out and get what you’re worth. But you gotta be willing to take the hits

Thanks for your thoughts. I agree, you can't be afraid of getting hit and you can't melt if you eat a few. On the other hand, it is truly amazing how the fight changes when you land a straight one right on the other guy's chin......

It's like facing a new opponent. Takes the life out of him for a minute or two :eek:

(the trading metaphor is to sit thru drawdowns w/o panicking out, but definitely know you have an edge and a tendency to land some hard shots between all the pitter patter point scores). The tails I occasionally catch make a huge difference in the equity curve, and so do the capitulations!

Long TNA calls at EOD, for whatever it's worth. Expecting a double bottom

 

[wiesman02]

Looking at either entering on a pullback here or shorting the 88 area if we get to it with no pullback

 

[wiesman02]

Long @79 stop @76.75 target 87.5

 

[wiesman02]

Out @82.75, +3.75. Hit my trailing stop after market showed divergence

 

[wiesman02]

Bidding 80.75

 

[volente_00]

87/88 is a decent short from the gap fill and trendline

81.5 is what I see for the entry for a long if you think we are hitting 87/88


If this fails then next trendline is 76 area


but long trade remains risky with open gap below


caveat emptor

 

[wiesman02]

Long 83.75 stop 82.25. Target 87.50