ES Journal Archive (2006 - 2008)

[vertigo3]

LOL

 

[TraderRobb]

gwac:

That is probably the best indicator of all in reality

 

[gwac]

that is where the fight is right now, i hope we clear it and get to the 50. that is my bet

Quote from TraderRobb:

gwac:

That is probably the best indicator of all in reality

 

[JSSPMK]

Quote from JSSPMK:

1410.25 Long off 1, stop 1408.75 +/-

2/3 scaled out +3.75

1/3 b/e on entry

 

[kinggyppo]

Quote from JSSPMK:

Regarding this rule of hard stop, I would have thought that asking posters to finish a trade is a more decent thing to do than asking them to use a hard stop when they don't use them all the time, it's not going to hurt by slapping on an extra 0.5-1 if & when required. Is it still OK to scale out or is that not allowed now?

I don't usually use a hard stop either but I thinks its fair to say where it would be placed. The assumption being that an experienced trader (one who has had his ass handed to him) would get out at that point. Know that the ES gestapo will be all over your ass if your stop gets hit, as it should be!!

 

[TraderRobb]

you might expect a 50% retracement of entire move

 

[JSSPMK]

Long 1410.25 again, stop as before 1408.75 +/-

2/3 scaled out +3

 

[JSSPMK]

Quote from Buy1Sell2:

Day trade

Long 1420.00

Initial stop 1408.75

What is an initial stop?

Also, would you have stopped out at 1408.75 considering today's p/a? TY!

 

[Pekelo]

Today was a perfect SMA bounce on the SPX daily cash chart. Tomorrow should be a moderate upday.

 

[JSSPMK]

Quote from JSSPMK:

Long 1410.25 again, stop as before 1408.75 +/-

2/3 scaled out +3

1/3 +6.75

Morning under water, Afternoon above water