ES Journal Archive (2006 - 2008)

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Funny thing, years back when they all told me: Go get your CFA, study economics and you will master the markets. LOL, now 5 years later they are calling me for advice. Thank you computer science and statistics professors.

Amazing how American society is so brainwashed.
 
Quote from apex82:

Well I got my retest... not the funnest trade to go long into this... but thats why you have trading plan.. Canceling add on at 1444. Lets see what happens... long from 1446 profit target is retest of highs stop is at 1443.50.

If the market breaks below this zone with force..... watch out

Market did exactly what I was planning... they just barely shook me out. Hard to accept this loss... ES has been doing this a lot lately the past month or so.
 
Quote from wave:

Target hit, market takes over from here.

Wave

I start looking to short here upward. Stops at 1464.

Why do you see the long term trend as bearish (B1S2 is still bullish), what is the basis of your analysis, what indicators are you using, can you post a chart?

What will you do when/if your stop is hit?

Thx
 
Quote from wave:

Target hit, market takes over from here.

I start looking to short here upward. Stops at 1464.

Short leg trailing stops moved to 1458.50. Target under 1450.
 
long here at 1452.25 stop at 1450.50 profit target retest of highs and new highs

EDIT: taking first profit at 1455 if it can get up there. Will take last unit long out at 1465 and reverse short.

Watch the ES closely if it makes one more low into the 1451.50-1451.25 area.
 
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