ES Journal Archive (2006 - 2008)

jsmooth · Dec 27, 2006

also, what are your targets? fib levels or gap fills?

elbow · Dec 28, 2006

Volente,

Is it asking too much for you to give a total of points you have garnered using the 10:30 reversal method? And do you call them reatime? I noticed the yesterday call time was after lunch. I really like Buy 1 Sell 2 system as far as points made, but I do not have the ability to keep up with his changing of direction so many times during the day.

Buy1Sell2 · Dec 28, 2006

Quote from Buy1Sell2:

sell stop moved up to 1429.50.

Sell stop for profit taking and reversal has been moved up to 1434.00--Increasing size.

romik · Dec 28, 2006

How do you find this way of trading so far B1?

Buy1Sell2 · Dec 28, 2006

Quote from romik:

How do you find this way of trading so far B1?

It's good in that it constantly has me moving a stop up or down--basically forces me to. The whipsaws are there but they are small profits or small losses, and then eventually the large winner comes in. There is very little thought process involved, so you can walk away for long periods of time. It looks like I am very active, but I really am not. I suspect most people would want to tinker with each trade and would not be able to follow this system as it is frustrating while you wait for the winner. The system saved me and got me long overnight on the Euro fx although I did not post because I was asleep.

Buy1Sell2 · Dec 28, 2006

Quote from Buy1Sell2:

Sell stop for profit taking and reversal has been moved up to 1434.00--Increasing size.

Stopped in short. Reversal buy stop is now 1437.75--increasing size.

Buy1Sell2 · Dec 28, 2006

Although I had a decent winner with some size at 1434.00 (5.5 pts per contract), I do not consider this the big winner, thus I have increased size on the short that I just took.

volente_00 · Dec 28, 2006

Quote from jsmooth:

volente00;
you seem to post that trade almost everyday....do you have a lot of success with it? what kind of stop parameters do you use (stops above the high)? do you look to fade the nearest pivot point or strickly use time (10:30) as an entry?

I look to fade extreme moves around 10:30. Sometimes it lags sometimes it is early, the actual window is 10:20 to 10:40 but often it happens right at 10:30. Using mostly a 2 point stop.

volente_00 · Dec 28, 2006

Quote from elbow:

Volente,

Is it asking too much for you to give a total of points you have garnered using the 10:30 reversal method? And do you call them reatime? I noticed the yesterday call time was after lunch. I really like Buy 1 Sell 2 system as far as points made, but I do not have the ability to keep up with his changing of direction so many times during the day.

I don't have the total from just those specific trades. I usually just post as a warning on the thread because of the high possibility of a reversal at that time. Sometimes it is good for 2 points like yesterday, sometimes it is good for more and will indicate the high or low for the day, and sometimes it is wrong and you lose 2 points with your stop.

Optionpro007 · Dec 28, 2006

Ok guys, I am leaving on vacation to the tropics till the 5th. This year was tough for me, because I made it so. I take full responsability. It was nonetheless a very good learning experience for me....=)

Wanted to wish all of you a very prosperous and blessful 2007.

Till 2007, Cheers !

<img src=http://marvin.kset.org/~chatko/happy-new-year.jpg>