OK, I sold half of my longs at 1342.00. Call me nervous. Stop on the other half remains at 1331.75. About a 5 point profit on that half...equal to the 5 point risk on the remaining half.
Nah, I pick top-ticks and bottom-ticks and have tiny stops, thats what I do and it works more than it doesn't (otherwise I wouldn't continue doing it). If you wait for "a clear end" you already missed a good entry and now your stop needs to be 3 times as big. I don't regret either of the trades I posted here... except for not putting my 1987.00 stop at 1987.25... bought the damn top tick instead of covering around 78.
By the way, ES was dragged kicking and screaming by the NQ. The A/D line did not turn positive...yet. And we've got both banks and oils pressuring the ES. Couple that with what was probably too large of a position for a contra-trend move led to my selling half.