ES Journal Archive (2006 - 2008)

Buy1Sell2 · Mar 23, 2006

Quote from Buy1Sell2:

some tech glitch with ET prevented me from posting. I am short from 1313.50. 3 minute chart Bearish divergence with Histogram-- stop at 1316.75

15 minute chart shows a near triple top in RSI as well

covered short at 1313.75 for .25 pt loss

Buy1Sell2 · Mar 23, 2006

new short here at 1313.00 stop is at 1316.50 same reasons

Buy1Sell2 · Mar 23, 2006

Quote from Buy1Sell2:

new short here at 1313.00 stop is at 1316.50 same reasons

covered here at 1308.25 4.75 pt profit. This is of course why I wanted to hold my 4 units from yesterday overnight. As I get away from that for this experiment, I will need to be able to tidy up profits during the day, so that I don't have to hold overnight. As you can see, between page 1 of the journal and now, I am moving more towards the straight day trade as opposed to the "short term" trade.

Buy1Sell2 · Mar 23, 2006

new short here 1310.25 stop 1313.75

Buy1Sell2 · Mar 23, 2006

covered and long here at 1311.25 ---1 pt loss--- 2 units this time

Higher lows on RSI---3 minute chart--bounce from lower Bollinger Band

mishwar · Mar 23, 2006

forgive my ignorance, but this is jun futures right ?
Why i ask is cause in the country where i trade we have futures products for indexes every month.

Thanks
mishwar

Buy1Sell2 · Mar 23, 2006

Quote from Buy1Sell2:

covered and long here at 1311.25 ---1 pt loss--- 2 units this time

Higher lows on RSI---3 minute chart--bounce from lower Bollinger Band

closed at 1312.00 1.5 pt profit

short 1 unit at 1312.00

breakaway from upper BB ====Class B Bearish divergence on histogram---3 minute chart

Buy1Sell2 · Mar 23, 2006

Quote from Buy1Sell2:

closed at 1312.00 1.5 pt profit

short 1 unit at 1312.00

breakaway from upper BB ====Class B Bearish divergence on histogram---3 minute chart

stop placed at 1311.00

Buy1Sell2 · Mar 23, 2006

Quote from Buy1Sell2:

stop placed at 1311.00

stopped out at 1311.00 ---1 pt profit--- done for today---busy with other things

murray t turtle · Mar 23, 2006

Quote from mishwar:

forgive my ignorance, but this is jun futures right ?
Why i ask is cause in the country where i trade we have futures products for indexes every month.

Thanks
mishwar

==============
Mishwar;
Yes, switched to June, from march contract, not to long ago;
what country do you trade???????

Know what you mean Buy1sell2;
on a weekly chart plenty of wise opportunitys, out end of day.

The way most of long & medium trends are up;
short term trend s down,
may have more of same opportunity tommorrow.
Not a prediction

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