ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from volente_00:

What's wrong with small stops, large wins, and a high % win rate ?
More...

Nothing, except that 1 and 3 are mutually exclusive. Number 2 is unachievable when scaling out. :)
 
Quote from Buy1Sell2:

Nothing, except that 1 and 3 are mutually exclusive. Number 2 is unachievable when scaling out. :)
More...

I think he meant risk reward relationship, rather than large as in your understanding of the word.
 
i like what i`m seeing in pre market PA.......1504/10 will be an intereseting inflection point,imo. & quite possibly a gift for the sellers.

Blackguard....you`ve been a permabull through some decent trading vol.......are higher prices from your analysis or are you just talkin` your position as usual??

1500 continues to appear as the fulcrum here.
 
Quote from bsparkyman:

Covered em at 52, don't like holding through the numbers or would ride it out.
More...

With proper position sizing, one can hold overnight or through any report. Holding overnight will allow you to sleep and also pick up gains in the direction of the trend, including gaps. Also, there are less commissions. A day trader believes they have less exposure because they are watching the screen and can be out with a tight stop. Thus, they believe they can use high margin. This is not true. The exposure is just the same during the day as it is overnight, so it is best to trade the size that would make you comfortable overnight or through a report. :)
 
B1S2........as the 60 min macd/rsi being the king of the intraday trend......would it be fair to say that shorts should only be taken here given what divergence is telling us??
 
Quote from Spooz Top:

B1S2........as the 60 min macd/rsi being the king of the intraday trend......would it be fair to say that shorts should only be taken here given what divergence is telling us??
More...

The 60 minute chart is bullish. The chart became bullish at 4 AM EST when price rebounded off of 1485 . Right now, only longs or sidelines should be taken. If you are not in right now, you would need a fresh long signal or take the chance at pain for a while.
 
....if you are seeing a bearish divergence on hourly chart..... would you mind posting the chart ?
thanks....

....yesterday the bounce provided a bullish divergence on the hourly chart....
... same today during premarket bounce.....
Quote from Spooz Top:

........as the 60 min macd/rsi being the king of the intraday trend......say that shorts should only be taken here given what divergence is telling us
More...
 
Status
Not open for further replies.
Back
Top