ES Journal - 2015

[wiesman02]

Hmm, I'm not going to play the short side whatsoever. That monster reversal yesterday was classic of a short term bullish trend.

 

[Buy1Sell2]

intraday trend remains up as long as price stays above 2047 RTH

 

[artemstreb]

i shorted 2077.25

 

[Buy1Sell2]

i shorted 2077.25

on which timeframe chart?--and the stop? --is there a target?

 

[artemstreb]

on which timeframe chart?--and the stop? --is there a target?

i use many timeframe to draw my conclusion; no 'hard' stop; no hard target. i need to see how trade play.

 

[EsKiller]

I don't mean to sound rude, but what is there to see ? We are uptrending. Why bother to short ? There's clearly no selling volume yet.

 

[Buy1Sell2]

i use many timeframe to draw my conclusion; no 'hard' stop; no hard target. i need to see how trade play.

I'll take a guess then. I believe you are relying heavily on the 1 minute chart. --And I think a valid trade was there for 2 or 3 points, but I would think you would have taken profits already at 2-3 pts.

 

[artemstreb]

on which timeframe chart?--and the stop? --is there a target?

place target and stop require i know where market is going in not just future, but 'distant' future. all trade is work in progress

 

[satchel]

Gann is about to roll over in his grave if this doesn't drop 80 ticks now. Here comes the pivot below 70.

 

[Builder17]

l 75.75
stop 70.75