ES Journal Archive (2006 - 2008)

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A person who was intraday long would certainly have been stopped out already (with a nice profit), I still suggest looking long only and not shorting. I would watch the 10 and the 2 minute charts for a coincidence of long signals and then go long. Hourly chart remains bullish at the moment. :)
 
Quote from Lance Carson:

Was looking for Bonds to make new Low as a condition of that trade. Anyway is a win- win for me , Long ZB Target Prev High plus the +11 Pts from ES

It seems to always be a win-win for you.

Impresssive.

p.s. How many years experience does a person need to trade like you do ? thkx.
 
Quote from romik:

You are doing a lot better than most novice traders man, well done!

Thanks... "lurking" here helped ...

.. intraday still fighting the pitfall to gamble instead of trade
..example yesterday
 
The Dax is trying to put in a DB in its support zone and has even more support at 6840-6843.
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I took a big hit yesterday... nothing you can do about that. The buy at 1430-1431 had just about everything working for it in terms of technicals, cycles, gap pattern... everything. But there was no 100% guarantee. There was about at 5-10% chance that it wasnt going to work out and that is what happened. This may have been due to the bernake speaking and the crude report at the same time... who knows. Anyways, here is the EXACT same setup that occured on the dax the same day. You can see the difference...

I am flat to bullish for now... This may have just been a severe washout. You can see that it had a dramatic reversal and got back above the zone.
 

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