ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
- Start date
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Da LINE = 1344.00
+6 = 1345.50
-6 = 1342.50
NO trades inside the 3 handle DEAD ZONE ..
Later today possible during the noon i will give some newer traders a rundown on how to trade this mechanical puppy on the opening. I would suggest some to try it as a sideline as they follow their regular strategy and tactics. I like to have friends trade with me to enhance the trades. Thats more a joke because many say if you tell your ideas they will go away. Well i am a small fish so i have no worry. ..
+6 = 1345.50
-6 = 1342.50
NO trades inside the 3 handle DEAD ZONE ..
Later today possible during the noon i will give some newer traders a rundown on how to trade this mechanical puppy on the opening. I would suggest some to try it as a sideline as they follow their regular strategy and tactics. I like to have friends trade with me to enhance the trades. Thats more a joke because many say if you tell your ideas they will go away. Well i am a small fish so i have no worry. ..
Long @ 1346.50
PS @ 1342.50
May exit earlier if this is false support ... but I don't think it is.
P.S. To put the trade in its proper context.
PS @ 1342.50
May exit earlier if this is false support ... but I don't think it is.
P.S. To put the trade in its proper context.
What you just witnessed is why you grab a few , couple ticks to pay for commissions when you get a trade and the price action fails to follow through. You then get flat and wait for another line to be taken out before getting back in. the goal is to get the "RUN" not a couple ticks here or there. You do this for first hour and if no run by thern you adjust and take the first hoyrs range breakout.
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