Trade what you see, but have exit strategy when best plans do not pan out.
http://www.youtube.com/watch?v=JyDGkDIdu6E&feature=related
http://www.youtube.com/watch?v=JyDGkDIdu6E&feature=related
lolz ...Quote from bighog:
Trade what you see, but have exit strategy when best plans do not pan out.
http://www.youtube.com/watch?v=JyDGkDIdu6E&feature=related
, soooooooooooo disappointing!Quote from jagmot:
Ok see my RSI setup, added 2 long at 1359.75.
Have my catastrophic stop at 1322
Once the market opens, my stop will be at 1347.
Targets 1370, 1386, and 1393.
Out of trade at -3pts.Quote from MandelbrotSet:
My trading is done for the day.
But for the sake of participating in the Journal (and showing what you mean), here's a Call:
Short ES @ 1366.00
Stop @ 1369.00
Target @ ?
Will close the postion early (before the stop is hit) if conditions change.
P.S. The trade was already in the mony by 1 pt by the time I was finished posting. Since I'm a scalper, it is what it is.
Quote from jagmot:
Sorry for the slightly late post b1s2 (about 60min). Since I posted my intentions, is this ok?
First target hit 1369.75, moving stop to 1354.
Might exit this trade and/or reverse in the next 40 min as it looks like the market is running out of steam.