ES Journal Archive (2006 - 2008)

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understood B1....

PA here has a decsion to make......head down to complete the NL/conflu target at 87/90 during RTH..........or was AH good enough to be complete in order to head back up?........looking for either to play out.

back in the day,the move was not complete until RTH retested the overnight move or close to it for confirm......much less predictable this day & age with it/Es being a global market now.
 
Quote from avarus:

Spooz, the ES is more predicatable now than it ever was.
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not the open in a situation like this & certainly not for ebb & flow with reasonable pullbacks.............BOT`s drive PA now on one way streets....no doubt about it.
 
Quote from Spooz Top:

understood B1....

PA here has a decsion to make......head down to complete the NL/conflu target at 87/90 during RTH..........or was AH good enough to be complete in order to head back up?........looking for either to play out.

back in the day,the move was not complete until RTH retested the overnight move or close to it for confirm......much less predictable this day & age with it/Es being a global market now.
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I just have always had a problem placing a hard stop. This is one of the factors that led me to the underleveraged trading that I do. I would get stopped out at all the wrong times, so I had to find a way to be a little less exact. It's interesting--Most people are trying to find ways to be exact, while I decided to go the other way and be more sleepy. I like the lazy version of me better (only when it comes to trading). Of course, there are numerous times when I wish I had the hard stop. :)
 
There will always be a better way, a better mousetrap, a better player. Relentless perfection is critical in any endeavor. Ignorance is prevalent in all fields of study. We should then just stop funding $$$ for cancer and other research.

Trading the trend works and going all in as well. But so does counter trend and scaling, perhaps even better. You can't deny the ability, capability, or possibility of something or someone. This is ignorance. Again, then we should stop funding all medical research.
 
I am keeping my stop here above 1343 for now. Three attempts have been in this 10 to 20 point area and it becomes stronger with each successive attempt. Good fortune to all:)
 
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