ES Journal Archive (2006 - 2008)

[TickPop]

RULE OF 10
KISS
You are not folowing the rule.
IT IS 10 POINTS FROM A PREVIOUS SPIKE OR DIP at a support or resistance level, not a pivot, not a r1, a previous dip or spike level where that acted as resistance or support.

81.75 to 71
71 to 81.25
now that would put next signal at 81.25 + 10

~91.25

market went 89.75, can't win them all
last night numerous bounce of of 1381 area, subtract 10 and your next reaction point is ?


KISS

 

['81packer]

..still looking for 22.5-24.5 target from my reversal area

 

[RsX]

Position reached +5pts, moving stop to breakeven here (1333.00) due to a heavily countertrend trade.

 

[ammo]

out 1/2 at 27.50

 

[startraitor]

Covered 1/2 27. Targeting 23 on balance.

Quote from startraitor:

Stopped out short again at 34.

 

[TickPop]

brkmarket ......

I copied and paste this ...I believed from
from Volente..........
Volente ....... shoot me if I'm wrong

 

[brkmarket]

out half at 25.75....next target is 18.50 unless 31 hits again...

 

[Lawrence Chan]

1325 - 50% of day range

 

[ammo]

out 24.25

 

[Spectre2007]

update on lines..