ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from Buy1Sell2:

I continue to stay short here.
More...

If memory serves you didn't originally post this trade in RTH, or even mention it for quite a while. Why don't you make another trade at a time you feel appropriate, one in which you can then update and follow? I don't see what the benefit is of following a trade you didn't actually post, for journalistic purposes.

OldTrader
 
Quote from OldTrader:

If memory serves you didn't originally post this trade in RTH, or even mention it for quite a while. Why don't you make another trade at a time you feel appropriate, one in which you can then update and follow? I don't see what the benefit is of following a trade you didn't actually post, for journalistic purposes.

OldTrader
More...

Good point, although it is the only ES trade that I am working. The stop placements are in real time, so I'll keep posting them until stopped out. Maybe that will be today--I am just demonstrating the method using this fake trade.
 
Quote from Buy1Sell2:

Good point, although it is the only ES trade that I am working. The stop placements are in real time, so I'll keep posting them until stopped out. Maybe that will be today--I am just demonstrating the method using this fake trade.
More...

Just an opinion, but my guess is that some traders may have missed the decline, or may have covered their short prematurely. For those traders I think it would be a good demonstration to show how once you have missed the ideal entry point, what you do then other than sit on your hands. After all, I presume you believe that the odds favor further decline. Or does your method only give one entry point?

OldTrader
 
Quote from Pekelo:

I expect this rally to reach 1320 in the next couple of days, where we have an unfilled gap. Should reach the upper Bollinger too on the daily...
More...

That could be saved for the "summer rally" later this month :)
 
Quote from OldTrader:

Just an opinion, but my guess is that some traders may have missed the decline, or may have covered their short prematurely. For those traders I think it would be a good demonstration to show how once you have missed the ideal entry point, what you do then other than sit on your hands. After all, I presume you believe that the odds favor further decline. Or does your method only give one entry point?

OldTrader
More...

My method gives more than one entry point, but for the trader that has missed the decline they must drop below the daily time frame into the 240 or the 60 to find the new sell point. Or, they might just sell at any time on a bounce and use the daily stop out area instead of a stop out on an inraday time frame. One can short anywhere in a down market and be profitable using the correct stop out. Quite simple really. The bias is bearish but it doesn't mean to necessarily sell the lows although you can and still make money if you are patient. If stopped out, so what--there will be another opportunity and when in a winner, let it roll.
 
nice trade jss,joeb8822,made a good point on his video on aan s&p pivot thread here on et,spus are working in direct correlation with yhe yen,i watched the usd/jpy chart yesterday with the spus and it worked well,something to look at
 
Quote from ammo:

nice trade jss,joeb8822,made a good point on his video on aan s&p pivot thread here on et,spus are working in direct correlation with yhe yen,i watched the usd/jpy chart yesterday with the spus and it worked well,something to look at
More...

TY mate! Decision was based on nothing more than a possibility of a DT on 15m chart, as I said earlier today I would be waiting for a second pass to short current HOD to be. But trade ain't over until it's closed. It was a great entry though.
 
Status
Not open for further replies.
Back
Top