ES Journal Archive (2006 - 2008)

[blaster1]

Nice heads up on the bounce Pekelo.

 

[blaster1]

Short 09.50, stop 10.75.

Edit: stopped -1.25.

 

[iloveoptions]

Quote from iloveoptions:

Targeting 1402.00 as my exit.

Stopped at 1410.75

 

[blaster1]

Short 11, stop 12.

Edit: stopped -1.

 

[Pekelo]

1414ish the next rule of 10 short...

 

[smilingsynic]

Quote from Pekelo:

But seriously....

Anyway, my point is that the cash gap is more important than the future gap. Today is a good example, the future gap was left open by 2 points, although the cash got filled....

Rule of 10 short in the money by 2 points, stop loss can be moved lower to breakeven...

Edit: I would take the 2.5 points here because I expect a bounce...

Edit: ...and bounce it did.

If cash follows futures, why rely on cash?

Why use the rule of 10 with futures prices and gaps with cash?

 

[tommymoose]

Short NQ 1989.50
stop 1891.25
target 1982

stop moved to 88.50
some support may show up at 83.50

... i've been scalping around, but for journal purposes, short again 88.50 stop 89.75.... and stopped

 

[Pekelo]

Quote from smilingsynic:

If cash follows futures, why rely on cash?
Why use the rule of 10 with futures prices and gaps with cash?

I like cash, because it is less volatile, personal preference.

You do realize that those 2 are unrelated strategies? The simple answer because it seems to work. I think cash gaps close more often than future gaps, that's why I watch the cash gap. Again, personal preference.

This morning they gave the same signal at the same time, they complimented each other and it did work out...

 

[blaster1]

Short 16.75 (r 10x2). Stop 18.

 

[startraitor]

short 1417, 2pt stop.