ES Journal Archive (2006 - 2008)

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Quote from volente_00:

It's like free $$$$$


out at 65


edit

I'll leave the 1370 for SS.






:p

Sometimes it feels like free money, but other times it doesn't. Even if you are right on direction, ES has enough choppiness on most days to shake one out of a good position, IF one does not have confidence in the position.

When trading ES, one has to expect that they are going to try to shake you out, and also to have to courage to stick to one's convictions (and at the same to keep stops in place in case one's convictions are truly wrong).

I'll watch the action around 1368-1370 to see if there is any selling, but as long as the action remains above the pivot, I think 1378-80 is imminent by Friday close.
 
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