ES Journal Archive (2006 - 2008)

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Quote from Pachoo:

So you just made $10,750 on that trade?

Wow, you trade in big lots. Your own money, or a prop firms?
you don't ask strangers or even good freinds about they're money
 
Quote from Pachoo:

So you just made $10,750 on that trade?

Wow, you trade in big lots. Your own money, or a prop firms?

I trade my own money. -- I debated whether or not to hold for higher, but I decided to wait for pullback and enter long again.
 
Quote from Spectre2007:

sell 67.50 stop 1297

target 1180

For all the Fed days with a huge gap not filled, many of them do try to flush down to the day low to test the gap.

But shooting up 20 pts is not out of the question too.

Would 97 be too close?
 
trendline on daily ,connect 5/19 and 6/6 highs,around 73.5,if u use a crayola you can stretch it to 76 for market profile nip from 7/31
 
Quote from Lawrence Chan:

For all the Fed days with a huge gap not filled, many of them do try to flush down to the day low to test the gap.

But shooting up 20 pts is not out of the question too.

Would 97 be too close?

Most certainly 1297 is too close on a longer term short like that right now. The stop either needs to be extremely tight and get taken out a lot or extremely loose and perhaps never taken out. This 1297 falls in no mans land as I see it.
 
Had I stayed long, my stop would now be 1265.25. Let's see if I made a decent decision by getting out at 1269.25. Right now, it doesn't appear that way.
 
Quote from Buy1Sell2:

I trade my own money. -- I debated whether or not to hold for higher, but I decided to wait for pullback and enter long again.
Sorry if I was being nosy. :)
 
There'll be no pullback of import likely. I changed my mind.

Check out this 233T. The momentum is firing off divergences everywhere but this puppy's on autopilot. The only case that a negative divergence doesn't work is if it occurs in the opposing swing's trend. We're building up steam to beat that peak for a Cup and Handle Sell of the Century, initially made at 3:40 this morning (the peak, that is), today, likely.

I'm long GTC here.
 

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Quote from Buy1Sell2:

Had I stayed long, my stop would now be 1265.25. Let's see if I made a decent decision by getting out at 1269.25. Right now, it doesn't appear that way.

Booking +10 and going flat before FOMC is always a 'decent' decision in my book. :)
 
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