ES Journal Archive (2006 - 2008)

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.... trust everyone had an enjoyable Easter....

....A82 .. what are your targets / zones today, did I miss them ?

.. for me this 55 range is interesting

Long @ 55
stop on close < @53
exit @ 59

let's see..
 
Quote from '81packer:

.... trust everyone had an enjoyable Easter....

....A82 .. what are your targets / zones today, did I miss them ?

.. for me this 55 range is interesting

Long @ 55
stop on close < @53
exit @ 59

let's see..
More...

not trading to heavily due to the volume. But this is what I am looking at. I am short from 1457.50-.75 stop at 1461.25. I will be adding on at 1460.25 with a 2 point stop. Looking for a move down to 1449.50-1446 before we get the next decent bounce. I will probably need to hold overnight. I will however be holding some runners short if I am not stopped out for a homerun. We have the possibily of getting another huge decline from this zone so I want to leave some exposure in case it happens.

The ideal short would be at 1460.50-1461 with a 2 point stop and go for a nice winner. I just have some other things that are putting me in a little earlier.

This is trade is countertrend, but meets my criteria therefore its a reduced size trade.
 
Quote from JimmyJam:

Stopped out for -3pts.

JJ
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You sold near last Wed High ( 1454.75 ) , a better entry would have been the Globex Low ( 1457.25 ) with a target of Prev Close (1452.75), IMHO
 
Quote from apex82:

This is trade is countertrend, but meets my criteria therefore its a reduced size trade.
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Not for nothing Lance, I've noticed that you're pretty good at nailing the counter-trend moves with consistency and accuracy.
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But as apex82 astutely comments here, my trades also have been counter-trend for my calls here. These trades are difficult for me to quantify, to determine what represents the best opportunities.

I already have a trend-following system. I'm just trying to figure-out how to game the counter-trend moves (kinda like wanting to have your cake and eat it too).

FWIW, I'm analyzing Advancer & Decliners, for both Volume and Securities to see if I can find an EDGE.

Thanks for the comment though.

Good trading,

JJ
 
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