So just to point out, his stop at 65 was hit, although he still favors long he says. Now he says that 74 is likely, but here is the screen capture of what price is doing as he posted this. Even if we give him a minute grace, price had already shot up over 5 points from the low. His "calls" he seems to make once price is already really moving, but the way he trades with tight stops of only ticks means he is getting in before price is already moving. Its the only way to have really tight stops, to actually take a trade before you even know. So once again, things dont add up.With an hour to go, a test of 74.50 might not be too much to ask
ES Journal - 2015
- Thread starter Buy1Sell2
- Start date
With an hour to go, a test of 74.50 might not be too much to ask
Like the interface between If At First You Don't Succeed Try Try Again and Enough Is Enough.
Back from taking the dog out.
had 5 points on this trade at one point, I see. Might have taken some off there if I was here, but not to worry.
Still the most profitable day i've had in about 6 months.
Hope to not give too much back tomorrow.
That will depend almost entirely on how well and thoroughly you preplan your day.
With an hour to go, a test of 74.50 might not be too much to ask
Even a -2 on being yielded to +5 and +7 for and 6 point avg EDIT: +4 accounting for the first scratch and +3.87567894 accounting for commish and fees
This is an excellent question.
On the one hand, I can see how these horizontal levels clearly make a difference, and its something that lots of trades see, hence this is a good place to take a trade. But what trade, I'm not sure. 40D makes it seem so easy, makes it seem like he is in and out fluidly, but I don't see any proof of this. Perhaps I'm hoping that more info will be provided to be honest, but I realize I gotta come up with the answers myself.
I guess I just want the truth, I'm searching for the truth, and the longer this goes on for, the closer we will get to an answer one way or the other. The longer it drags on for of course without anything tangible will I think make the truth quite obvious.
Yes, but we ought to send the trolls some healthy red meat once in a while. They must get tired of eating the crow they perpetually serve themselves.
Besides, I kind of thought 74.50 was a lay up once 64's held.
The real question is what bar interval breakout are we at now?
Having the data is both an advantage and a disadvantage. Mine says it was not likely to be worth it. Plus it's been a long day. So it really makes no difference to me. But for those who took it, I'm pleased for you.