ES Journal Archive (2006 - 2008)

[Spooz Top]

Quote from Spooz Top:

sld 75.50....stp 76.50......5:1 R/R

70 spring board still in effect......stopped on short....kicked long 70.25 bit early @ 40%...74 to reverse.

 

[saxon22]

Quote from kinggyppo:

Good one, how about a buy stop $1470.00 & $1480.00.

I placed buy at 1469.59 and short at 1481.50

 

[kinggyppo]

Quote from saxon22:

I placed buy at 1469.59 and short at 1481.50

well I meant this as a breakout trade, the stop gets you in on a momentum breakout, but to each his own. Good trading.

 

[Spooz Top]

Quote from saxon22:

I placed buy at 1469.59 and short at 1481.50

you may want to change that....i don`t think they`ll fill you on the .59

 

[JSSPMK]

Quote from saxon22:

I placed buy at 1469.59 and short at 1481.50

Is that a joke?

Looks like price is basing to take out pivot.

 

[saxon22]

Quote from Spooz Top:

you may want to change that....i don`t think they`ll fill you on the .59

Ok .58 then !

 

[kinggyppo]

Here is a link to an article on buying breakouts, may be helpful.

http://partners.futuresource.com/fbp/2005/0304.htm

 

[saxon22]

Quote from JSSPMK:

Is that a joke?

Looks like price is basing to take out pivot.

I do not think we are getting lower than 1465 today and if the market gets to 1481 I will see then what to do next.

 

[Spooz Top]

Quote from Spooz Top:

70 spring board still in effect......stopped on short....kicked long 70.25 bit early @ 40%...74 to reverse.

they poked me out of my short just above the 60%....going to sting a bit if they take it the distance......68/70

 

[elovemer]

50% retrace and bounce