ES Journal Archive (2006 - 2008)

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how long do you hold positions when you position trade?

Quote from sosa1974:

2 scalps today. One @ 1265 the other 1262. Total of 9 points. Still have the overnite and will look to add above 1275+ area. For anyone that hasn't tried experimenting with positional trading I will say it is much more relaxing and cost effective. Risk management skills have to be in order and well defined. Have a good weekend guys.
 
On 5 minute charts.

I got filled on the short at 1261 but coverd at 1260.50 for .50 points because it kept hitting support near there so grabbed the quickie and got out...

Quote from romik:

dependson the hold period, 30 min frame is bullish to me
 
Blast off is coming soon perhaps.... institutional money might come in and push us positive today. Like to see us close above 1263 with a late push to 1266 perhaps...

EDIT: I meant close above 1263 in one of the 5 minute bars coming up I was looking at.
 
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