ES Journal Archive (2006 - 2008)

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Quote from Sponger:

Long term trend following using a MA crossover system is definitely a time proven concept.....what makes it so hard to stick with is those huge retracements that take back massive chunks of your gains, and leave you second-guessing "has the tide turned?" Simple in theory, but not easy in reality.

then the more prudent thing to do is go on vacation most of the year and wait for these fear cycles, and get long or short based on those long term MA's. =)
 
Quote from Spectre2007:

I'm giving away these concepts... but take a look at this pic o the MA and when they crossed on the daily bars. I wont be concerned till they cross, if they do cross I will become long term bearish.

the crossover signaled the start of the major bull run.
Long term trend following using a MA crossover system is definitely a time proven concept.....what makes it so hard to stick with is those huge retracements that take back massive chunks of your gains, and leave you second-guessing "has the tide turned?" Simple in theory, but not easy in reality.
 
Quote from Sponger:

Long term trend following using a MA crossover system is definitely a time proven concept.....what makes it so hard to stick with is those huge retracements that take back massive chunks of your gains, and leave you second-guessing "has the tide turned?" Simple in theory, but not easy in reality.

Amen. Have you considered adding a system for offsets? Waiting for the crossover on exits must be maddening.
 
Quote from mbusch:

You're probably right. I show us right in the zone now, but a break above it warrants going long.

Whoops, there she goes...

L 1457.25
SS 1454.75 (2.5 points, just below bottom of zone)
PT HOD

Nice entry

If you have some to spare... put your stop at BE after first target and leave to run for 1480 and then 1510

Your going to love this trade.... watch them hit the stops when it gets above that 1469 pivot...
 
Quote from Spectre2007:

then the more prudent thing to do is go on vacation most of the year and wait for these fear cycles, and get long or short based on those long term MA's. =)

NOW you're talking:)
 
Quote from apex82:

Nice entry

If you have some to spare... put your stop at BE after first target and leave to run for 1480 and then 1510

Your going to love this trade....
I tried to get a second bite of the apple at 1459 but didn't get filled.

If I can't get a second entry for an add-on, I'll probably just start trailing stops when and if HOD is reached.
 
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