ES Journal Archive (2006 - 2008)

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es testing key levels here as well as R2 any move below 1404 and I will be closing out 75% of postion that was long from 1399-1401.50.
 
Quote from apex82:

dont study it... your wasting your time. Just practice the general concepts.

What he's saying is that he (like most if not all of the trader here who are successful, or working to be successful) put together the tools that enabled his mind to consistently interpret price action correctly.

It works for him, but probably wouldn't work too well for anyone else.
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What romik is doing works for him, but a lot of traders would find fault with it.

What B1S2 is doing works for him, with plenty of naysayers.

I'm completely happy with what I'm doing, this seat suits me fine, although I'm sure there are plenty of readers who would disagree.

Same for Osorico, etc., etc.
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Begin by using any one of the simplier price level anticipation tools, and go from there.

Price Level Antcipation = Fibonacci Ratios, Pivot Points, Camarilla Pivot Points, DeMark Pivot Points, S/R, etc. Put work into it, and see what happens for you.

Good trading,

JJ

P.S. If you Google the crap out of any of the stuff that I listed, you'll find a libary worth of information.
 
Tough day for me so far...

My Nemesis...
Narrow range with large range bars (in reference to the intraday range).

Current position S YM @12242
 
Quote from apex82:

es testing key levels here as well as R2 any move below 1404 and I will be closing out 75% of postion that was long from 1399-1401.50.

OK I am out for a couple points profit Breakeven stop at initial entry
 
alright es retesting the shoulder again at 1401.50 this is key. Very possible to reverse here and go back into a range. Like I said before the day limit your trades on Option expiry day. Odds call for a range reduction day and Low probability pa
 
Quote from osorico:

Tough day for me so far...

My Nemesis...
Narrow range with large range bars (in reference to the intraday range).

Current position S YM @12242

Geezus! out @236 +6... Must be quicker on the trigger to maximize when playing against my nemesis. Damn!
 
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