ES Journal - 2015

[Buy1Sell2]

--DT UM long 2082.00 Initial stop 2080.00
--Price is 2086.25 Stop raised to 2084.00
--Price is 2092.50 Stop raised to 2087.50
--Stopped for 5.5 pt gain

 

[Laissez Faire]

Nice one, Buy1.

R10 at 84 now.

 

[schizo]

Alright, watch out here. We might swoon.

 

[Laissez Faire]

Alright, watch out here. We might swoon.

I think you should at least put a B/E stop on that short trade of yours.

 

[schizo]

I think you should at least put a B/E stop on that short trade of yours.

Instead, I just lowered my price target to 2015. I plan to milk this cow to the last drop.

 

[romik]

I prefer the challenge of ES

Not sure I understand. Why make it harder?

 

[Laissez Faire]

Instead, I just lowered my price target to 2015. I plan to milk this cow to the last drop.

Perhaps you'll get it. I don't tend to do long-term predictions. We ARE at a point where price could reverse, but one could argue that today's close was strong and that we've had the opportunity to sell off from here several days in a row without it happening.

However, tops can take time to form, so who knows.

Just make sure you're being rational and not emotional and intuitive. Best of luck.

 

[Buy1Sell2]

AND Here we are at 2064 area. This will be where the rubber meets the road. Looking for a bounce here. A close below 64 and we have a little longer term trend change confirmation

 

[schizo]

Taking a partial profit here at 63.25

short 1987.25

swing play
stop 2105.25

 

[Buy1Sell2]

DT UM long 2064.50 Initial stop 2061.00