ES Journal Archive (2006 - 2008)

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ok, deal. :)

jimmy bob susie, pissed me off by being so stupid and so lame. i know i got his goat once by claiming he is a redneck. .. :D
 
Quote from JimmyJam:



Romik posted a link to Jim Clayburg's Directional Day Filter System ryank. The book can be found by the same name on Amazon.com and his indicators should be available for tradestation as well. (check out his website - google it - for more info on'em).

This is a method that can begin to teach you something useful about how and why markets setup and what determines their intraday structure. It would be a good idea to give the system a good read.


Good trading, :)

Jimmy Jam
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Don't worry about me, I'm not trading it. I would never trade something without doing some testing first, that is all I have been doing (really I have been just looking at the chart during lunch to see what would have happened with his method. I would have been whipped to death if I actually tried it myself).

I do like the link that Romik posted, will dig into it more soon.

Thanks for all the info guys!
 
took a long at 1443.5. all indicators green. saw that it had gone as high as 1444.75 before and figured i'd get a "second chance". so i set the sell for 1444.5. it took that and broke out to...1446. argh! i could've had a v8...


wish i could tell how to tell when these are going to break out like that so i could hold longer or place my sell point higher....
 
Quote from bighog:

ok, deal. :)

jimmy bob susie, pissed me off by being so stupid and so lame. i know i got his goat once by claiming he is a redneck. .. :D
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that's rather ridiculous, considering who jj is....
 
Quote from princessa:

took a long at 1443.5. all indicators green. saw that it had gone as high as 1444.75 before and figured i'd get a "second chance". so i set the sell for 1444.5. it took that and broke out to...1446. argh! i could've had a v8...


wish i could tell how to tell when these are going to break out like that so i could hold longer or place my sell point higher....
More...

That's pthe problem with hard profit targets. Something I do is book the profit, and in this case, when fresh HOD was made, re-enter, with stop just below previous exit. And take first opp to move stop to b/e in case it's false or very weak.
 
Quote from osorico:

That's pthe problem with hard profit targets. Something I do is book the profit, and in this case, when fresh HOD was made, re-enter, with stop just below previous exit. And take first opp to move stop to b/e in case it's false or very weak.
More...

thank you for the suggestion. :)
 
Quote from princessa:

that's rather ridiculous, considering who jj is....
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It's OK P, he's just showing who he is.
***
On the subject of trading, many traders will use the 200/50 SMA's to determine the basic trend and make their trades accordingly.

Like any tool, it needs to be worked with. The best way to develop a trading system is to:

a) make a basic premise,
b) test it out, and then
c) find ways to filter out the instances where it doesn't work.

Good trading,

Jimmy Jam
 

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