ES Journal Archive (2006 - 2008)

[Spectre2007]

100 @ 65 SL 85

 

[callmate]

Quote from Anekdoten:

When the US markets are closed and the german market opens, the DAX leads ES.

Anek

--------------------------------------------------------------------------------
Yes, I agree with your comment.

 

[mbusch]

Good morning!

S 1467.75
BS 1469.25
PT1 1461
PT2 1442

 

[brotherben]

Romik's flip flop system says get ready.

 

[mbusch]

Quote from brotherben:

Romik's flip flop system says get ready.

Please elucidate. Ready to go (which direction) at (what entry price)?

 

[vertigo3]

Housing number strong, July New Home Sales up 2.8%

 

[Spectre2007]

Quote from Spectre2007:

some things to look for if your bullish today.

1) is price above 68
2) is price above MA's
3) is direction of MA's up
4) is price above the open

if any of these things aren't true, then 54 is next.

if these things are true then 84 is next.

all conditions met for upside. =)

 

[mbusch]

Quote from mbusch:

Good morning!

S 1467.75
BS 1469.25
PT1 1461
PT2 1442

Wow, that happened fast!

When I didn't like the price action on this trade, I lowered my BS to 1468.75 and doubled it, so if hit it would switch me to long. It was hit, which puts me -1 on the short trade, presently long from 1468.75 with a 3-tick stop at 1468.00. If I'm stopped out of this one, I'll be flat and re-evaluating.

Preliminary initial PT on this long trade is 1474.50.

 

[volente_00]

sweet rule of 12 short !!!!

 

[Spectre2007]

Quote from mbusch:

Wow, that happened fast!

When I didn't like the price action on this trade, I lowered my BS to 1468.75 and doubled it, so if hit it would switch me to long. It was hit, which puts me -1 on the short trade, presently long from 1468.75 with a 3-tick stop at 1468.00. If I'm stopped out of this one, I'll be flat and re-evaluating.

excellent technique to signify importance of break when the stop reverses your position.