ES Journal Archive (2006 - 2008)

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actually if you split the uprights at 63 is where i see the 200day....i don`t think anyone hear is going to roll over for 2 years.....more like 2 days.good spot to load up on calls though.
 
It will be a while before I add additional longs. I am comfortable here with my long position as it stands now. I was able to get some in at 1407 yesterday as I had mentioned. The 1437 entry was not fantastic, but quite honestly the move was nore than I thought it would be yesterday, so I ended up adding twice.:)
 
if you wait long enough and you have enough equity in account, your longs should pull through.. the problem is lot of people dont have the time and patience or the equity to do that.
 
keep an eye on the bond market, if you see the bond market turn and flight to safety is seen, the spooz will turn. Orders will hit one market and another market will be utilized to make profit in the initial market.
 
Quote from Spectre2007:

if you wait long enough and you have enough equity in account, your longs should pull through.. the problem is lot of people dont have the time and patience or the equity to do that.
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Exactly. Another point to make is I am sure most of you know, I am in 5 or 6 markets simultaneously, while using a total of 20 percent of liquid net worth. This means that my ES positions are small in scmparison to the rest of the diverified portfolio. Thus, it is hard to get too excited either way. I just want to make money. Now most of you know that I am not daytrading the ES anymore. However, in the next days and weeks I will be making "calls" which will include an exact stop, an exact profit target and the call wil be flat at end of day.( True daytrading). I will be figuring in 1 full point total for slippage on both ends and commissions. Let's see how well I do (albeit, these will be paper trades).
 
Quote from Spectre2007:

keep an eye on the bond market, if you see the bond market turn and flight to safety is seen, the spooz will turn. Orders will hit one market and another market will be utilized to make profit in the initial market.
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Spectre.....what level do you see as the line in the sand with bonds as that turning point?
 
Quote from Spectre2007:

if you wait long enough and you have enough equity in account, your longs should pull through.. the problem is lot of people dont have the time and patience or the equity to do that.
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Tell that to the Nikkei buyers of the late 80's early 90s, or the Nasdaq buyers of 2000
 
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