ES Journal Archive (2006 - 2008)

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Quote from romik:

1323 short

covered @ 1321, will re-enter short if LOD/YL is broken on good volume

EDIT: Cheers Sosa1971 and you too and B1S2 as well. I do not see any reversal at the moment, but who knows hey? Slow stochastic is about to break 20, but whether it would result in a reversal? 20 MA is looking cool on 15/60 min charts for trend continuation
 
Romik, you appear to be changing our style a bit towards more holding. Are you changing your time frame or trying to up the risk to reward?
 
Quote from volente_00:

10:30 reversal in the making right here.

3 and 5 minute charts are definitely in OS territory, so it's possible. 60 minute chart is still down. I will hold short here for now as the 60 has just now reached the OS line.
 
Quote from Buy1Sell2:

3 and 5 minute charts are definitely in OS territory, so it's possible. 60 minute chart is still down. I will hold short here for now as the 60 has just now reached the OS line.



You using a 60 minute weekly chart ?
 
Quote from volente_00:

You using a 60 minute weekly chart ?

no. I use weeklies for positional trading. Here I am doing day trading, which is evolving into more of a swing trading style I would say.
 
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