ES Journal Archive (2006 - 2008)

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Quote from mbusch:

Long from 1539.75.
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Stopped out at breakeven. Blew it. Had a 3-point profit and failed to take it. It's such a shame to squader a perfect entry like that. :mad:
 
Too bad mb, the vol is thin thin. I'm going to give this an hour, 3:15. I think we will be higher and I can figure out the best short. Maybe I will miss the whole damn thing. :cool:
 
Quote from mbusch:

Stopped out at breakeven. Blew it. Had a 3-point profit and failed to take it. It's such a shame to squader a perfect entry like that. :mad:
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That's why I like to use mechanical targets, even though b1s2 and a few others disagree with that strategy. It works for me and my PnL has improved a lot since I made the change. I got out of 1 of my 2 short contracts (didn't get my full 4 contract fill) at 1539.50 (edit typo). I walked away for a few minutes and the market was already back to 1540. Still have the last contract to buy at 1535.25.

Edit: 3:52PM EST Maybe my original typo was a sign of things to come... just exited at 1538.50 as I received an exit signal.

Have a great weekend all!
 
Quote from Jaxon:

somebody must have said something about something... :confused: bond went from + 16 to - 14
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Look at the crude chart at 14:00 and the correlation

09/28/2007 14:35 *DJ OIL FUTURES: Nymex Crude Ends Dn $1.28 At $81.60 As Rally Fades
 
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