ES Journal - 2019/2020

[glazier]

What's your upside tgt?

30

 

[SPYgrain]

30

could be a good entry..

 

[glazier]

could be a good entry..

could be. Could also stop me out in a min or so!

 

[SPYgrain]

do you adjust to BE at some point?

 

[glazier]

do you adjust to BE at some point?

I don't tend too. I've experimented with that a few times, and it tends to result in every trade being a loser or a BE trade for me, personally. Almost never a winner!

 

[SPYgrain]

understand..was buy trigger a 78% fib?

 

[p0box4]

I don't tend too. I've experimented with that a few times, and it tends to result in every trade being a loser or a BE trade for me, personally. Almost never a winner!

I have had the exact same experience, as long as there is enough momentum in the market moving a stop to break even is fine, but as soon as the markets get a little bit choppy moving a stop to break even is a guarantee for exiting early with no profit.

 

[SPYgrain]

I have had the exact same experience, as long as there is enough momentum in the market moving a stop to break even is fine, but as soon as the markets get a little bit choppy moving a stop to break even is a guarantee for exiting early with no profit.

simply flatten or let stop alone..

 

[Buy1Sell2]

Should sell off from here----the question is whether or not we'll break support. 6 points though? --Yes

exactly.---well spotted

 

[Buy1Sell2]

Looks like we want to test the support again. We'll need to see what happens there to see if we can finally break through to the downside here in this bear market.