ES Journal Archive (2006 - 2008)

[apex82]

Quote from apex82:

out profit1 here at 1480.50-1481 stop now at BE and letting it ride would love to get 1473..

+4.5

out at breakeven going to call it a week I think.

 

[fka]

Expecting a little action on the downside in the final 2 trading hours.

NQ is showing a bearflag, ES<1480 would activate 75/72.

Reckon that some investors may lock in their profits since tuesdays lows.

 

[apex82]

Quote from apex82:

Here is the visual...

10:1 RR on the first target.... very nice trade

profit target 2 hit and filled

+140 pips

leaving it short over the weekend for 400+ pips BE stop

 

[tortoise]

Quote from fka:

Expecting a little action on the downside in the final 2 trading hours.

why?

 

[Sponger]

Quote from apex82:

profit target 2 hit and filled

+140 pips

leaving it short over the weekend for 400+ pips BE stop

I don't care if this is the ES Journal....to repeat....that was one f%$%$#g nice trade!!!!

Pulled the trigger at the extremes....flew completely in the face of fundamentals.......AND that was a COUNTER trend trade, to a trend that has been in place for a LONG time.

Disclaimer....do not attempt this at home, the trader that took this trade is a trained professional

Congrats Apex

 

[avarus]

76. IF-THEN-ELSE, remember 50-43

 

[apex82]

Quote from apex82:

Update on euro...

This last spring took it right up to the main resistance. This is where I get agressive looking for a reversal bar because this is where the best R:R is. MINIMUM target is 500-800 pips from this zone. 1.4460 area is what I am looking for to take first profits. There is still support below the market so most likely a pull back and then a retest of this high over the next day or 2. If weakness comes in on the retest that is where I go all in with a tight stop. Once again... this is a runaway market so am waiting for confirmation that this zone is going to hold. Perfect setup would be a doji or 2 and then a break below the prior days low.

Thanks sponger

Before....

http://elitetrader.com/vb/attachment.php?s=&postid=1688853

I know this is an ES journal but this is a great trade to watch unravel.. As soon as I posted that message the market reversed and closed down on the day.

After...

 

[fka]

Quote from tortoise:

why?

Errr....? What?


I wrote it in my posting


If ES<1480 ->1475

NQ bearflag

look at the chart. sometimes it´s pretty easy.

 

[apex82]

Quote from avarus:

76. IF-THEN-ELSE, remember 50-43

Ill take the other side... im bidding 1465-70 next week for a move to new highs.

 

[tortoise]

Quote from apex82:

Ill take the other side... im bidding 1465-70 next week for a move to new highs.

me, too...