ES Journal Archive (2006 - 2008)

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Quote from mbusch:

Let's see if this works:
S 1551.00
BS 1552.50 (1.5 points)
PT1 1546 (5 points)
PT2 lots lower
More...
Closed this out at 1548.75 for +2.25.
No real followthrough. I'll keep my powder dry for a better opportunity.
 
Quote from mbusch:

Let's see if this works:
S 1551.00
BS 1552.50 (1.5 points)
PT1 1546 (5 points)
PT2 lots lower
More...

nice trade... had the same entry.... imagine that :)

except my target is 1530 or lower
 
Quote from apex82:

nice trade... had the same entry.... imagine that :)
More...
Scary! :)

I got out a little early, huh?:(

Maybe I'll get a nice re-entry opportunity here. Let's see.

We wouldn't want the broker to starve, would we? :p
 
Quote from mbusch:

Scary! :)

I got out a little early, huh?:(

Maybe I'll get a nice re-entry opportunity here. Let's see.

We wouldn't want the broker to starve, would we? :p
More...

I would be careful... looks like a new high coming if they hold this 1546. Best be patient and wait for a new high, selling to come in and then get back on board.

you have some amazing trades today... no point at throwing some profits away at lower probability/higher risk entries
 
Quote from apex82:

Iyou have some amazing trades today... no point at throwing some profits away at lower probability/higher risk entries
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Thanks, but I just pulled an incredibly boneheaded stunt. I guess you'd have to call it a "mouse fart" or something. I intended to place a sell order at 1546 but somehow it went in at 1545, yipes. Just unwound it for a 2-tick hit. Glad I did, too. Looks like maybe it does want to go up for another ride down the waterslide.

That'll teach me to try to do email and trade at the same time. :eek:

EDIT: "1550s here I come, right back where I started from..." (sung to the tune of, well, you know)
 
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