ES Journal Archive (2006 - 2008)

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Quote from apex82:

shit happens..... right on the trade but wrong on the execution... nicked by 7 ticks.

hey Apex, might wanna look at GC instead, better spreads than the ZG in general. Unless you have a reason for trading ZG.
 
A break of the monthly continuation low that occurred 03/14/07 at 1363.75 would be very helpful to the bear case. Certainly there are potentials for bounces etc and yes the trend can reverse back to the upside. This is why I trail my stop. I work very carefully to limit losses and let winning trades run. This is key. :)
 
Quote from smilingsynic:

I trust that your stop has been moved closer.

At least according to my experience, when a key low has been breached, it will become apparent quickly if the move is going to continue going down or is going to reverse sharply. A close above today's high in the next two days, for instance, would strongly suggest a reversal, whereas anything weaker would suggest continuation.

Looking to move my stop in a day or so into the 1440's. Right now I still have it at 1517
 
Quote from kinggyppo:

Surf couldn't trade his way out of a paper bag; how you are compared to him is beyond me. Good trading my friend, went long some puts on the close. Also looking for a break of $1400.00. I do not think we are done testing the downside. :)

Thank you for your kind comments. Thank you Apex as well. :)
 
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