ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Covered my 9 positional shorts in the long term account for the June Contract at 1260.75. Resold them in the September Contract at 1271.00.

Profit from the cover will not count in this journal--only short term profits and losses count in this journal. Profit was roughly $21,000.

Currently I am short 9 September units in the long term account and long 10 June units in the short term account.
 
I believe we will be heading for a retest of the 1300 to 1310 level basis September in the near future. I say this fairly early in the day, but if the market completes this bullish divergence on daily charts, I believe it will happen. Lots of trading left today--it could be negated. If chart stays as is right now, it's bullish.
 
very nice trading buy1

i read this journal everyday
i dont post as im not trading, just watching and learning from yourself, romik, spike etc

very nice journal
 
B1, when you posted a chart of 5 min divergence yesterday I believe, could you have a look what was happening to 15min histogram at the same time for me please, I would appreciate if you could post a chart for same time period of 15 min time frame, thanks.
 
Quote from romik:

B1, do you see bullish divergences forming on 1,3,5 min charts?
More...

Yes, the 1 minute occurred at 1.21. The 3 and the 5 were also roughly the same time.
 
Quote from romik:

B1, when you posted a chart of 5 min divergence yesterday I believe, could you have a look what was happening to 15min histogram at the same time for me please, I would appreciate if you could post a chart for same time period of 15 min time frame, thanks.
More...

ok
 
Quote from romik:

B1, do you see bullish divergences forming on 1,3,5 min charts?
More...

Very nice call Romik!! Notice how both the Histogram and the RSI confirmed these as the RSI bounced with failure swings. You never know what time of day this stuff is going to occur, that's why I don't agree with being "done for the day" when short term day trading. I'm on hourly charts right now, so my positions have been the same all day as when I came in. I hope you have made some money with the divergence today--
 
Quote from Buy1Sell2:

Very nice call Romik!! Notice how both the Histogram and the RSI confirmed these as the RSI bounced with failure swings. You never know what time of day this stuff is going to occur, that's why I don't agree with being "done for the day" when short term day trading. I'm on hourly charts right now, so my positions have been the same all day as when I came in. I hope you have made some money with the divergence today--
More...

yes thanks, signals have not been great as the 10 and 15 min histograms were still bearish, that is why I wanted to see yesterdays 15 min histogram vs 5 min one, but it worked as it happened in a sequence of 1,2.3 and 5.
 
Status
Not open for further replies.
Back
Top