ES Journal Archive (2006 - 2008)

[volente_00]

Quote from hardyards:

Volente,

can you explain "the rule of 10" please

Do a search under this thread. Was posted a few pages back .

 

[nikko]

bighog,


Please clarify the 835am trade that you take 1.50 above the 830 close for a sell or a 1.50 below the close for a buy or is it the the other way around. I've been following it for the last week. Thanks

 

[bighog]

nikko...

the line is drawn across the chart from the first tick on the 0835 CST bar, not from the low of the 0830 bar. Give or take a tick or 2 depending on chart or how fast you eyeball the opening tick of the second bar.

ok, hope that helps, later, bacon slicing time almost. ..

 

[bighog]

try this

+6 line = 1428.50

1427.50 = first tick of second bar

-6 line = 1425.50

have fun

 

[Spectre2007]

1426 buy, sell stop @ 1425 2 times quantity long.

 

[skippy]

Quote from bighog:

try this

+6 line = 1428.50

1427.50 = first tick of second bar

-6 line = 1425.50

have fun

Big Hog -- Sorry to be a knucklehead here, but I see the second bar opened at 1429. +6 makes 1430.50, etc.

Also, even if the first tick was 1427.50, +6 makes 1429.

Sorry, again, if I'm being incredibly obtuse. Thanks, in advance, for your patience!

 

[bighog]

ya, i caught that also, those were ystrdys numbers, sorry

 

[bighog]

was eating and etc ..

 

[skippy]

Quote from bighog:

was eating and etc ..

gotcha, thanks....


so, i take it that today's levels would be, give or take a tick,

1430.50 and 1427.50?

 

[ryank]

I shorted at 1427.50 during the 9:40 bar and then let myself get shook out for a loss. Will wait for the next breakout I guess.

Did make a little back on a YM trade, need to keep my "revenge trade" emotions in check today .