ES Journal Archive (2006 - 2008)

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Quote from JohnBob:

Sorry to take almost a day to ask, but did your system get you long?

JB
AlLthough my opinion was that we would go lower the system generated a long signal within the 30 minutes. I always trade my system and not my personal opinion so i went long at 1249.50.

But i'm always tempted to try to predict what will happen. Often i'm right, but sometimes i'm wrong.
 
If anyone is wondering--Yes the 5 minute chart had classic bearish divergence and this is most likely tradeable for 2 or 3 points. That is in general --As you probably already, know the big moves start with small moves, but most of the time the small moves are just that, so it's better as Spike says (paraphrasing here) to keep an eye on the bigger picture for overall direction.
 
This will be the third time in 3 weeks now that I had a short 1270 order sitting out there and not gotten hit. I just missed this last run down. I'm waiting till 2:15 now. If we break thru 1270 on the upside Im long, if we fail anywhere near there, I'm short.
 
I believe that the bearish histogram divergence that is ocurring on hourlies is a profit taking area and not an outright short--at least not yet. RSI doesn't confirm and CCI barely confirms.
 
Quote from Buy1Sell2:

If anyone is wondering--Yes the 5 minute chart had classic bearish divergence and this is most likely tradeable for 2 or 3 points. That is in general --As you probably already, know the big moves start with small moves, but most of the time the small moves are just that, so it's better as Spike says (paraphrasing here) to keep an eye on the bigger picture for overall direction.

yeah, that was perfect.
 
Quote from Buy1Sell2:

If anyone is wondering--Yes the 5 minute chart had classic bearish divergence and this is most likely tradeable for 2 or 3 points. That is in general --As you probably already, know the big moves start with small moves, but most of the time the small moves are just that, so it's better as Spike says (paraphrasing here) to keep an eye on the bigger picture for overall direction.

Yes very nice call there B1, I got stubborn and waited for 1270. Oh well....
 
I'm a total ES Newb.

Expecting a 4 handle selloff, short 20 es futs @126400.

Expect to close after announcement.

I need to find another broker, I'm being charged $4K per, shouldn't intraday margin be much better?
 
Quote from volatilitypimp:

I'm a total ES Newb.

Expecting a 4 handle selloff, short 20 es futs @126400.

Expect to close after announcement.

Where do you put your stop loss?
 
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