ES Journal Archive (2006 - 2008)

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Quote from Pekelo:

I think you are right, I picked the wrong previous top...
No Pekelo, your previous top was spot on, it's just I don't trade the rule of 10 blindly, I add additional stuff and that's how I came up with my 81 bottom target.
 
I have a feeling that this market wants to close the week on a positive note in relation to last week. I think the close last week was 1390. Therefore, any buys right here should yield $$$ if this comes to fruition. I took a long at 1381 using the 1380 May ES call options, and will be adding if we get down to 1378-1375 area. I hope it does. I'm targeting 1392 for end of day.

Edit: Ok, I checked on the close last week and it was 1387 (not 1390) according to my charts. Please correct me if your numbers are showing differently.
 
Quote from blaster1:

No Pekelo, your previous top was spot on,

Well, there were 2 previous tops, 93.75 and 91. I guess should have reentered at 81 again. The coming up to 1387 part did work...
 
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