ES Journal Archive (2006 - 2008)

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Quote from tortoise:

why not trade with the trend?

I am a countertrend trader, sometimes I countertrade with a trend, sometimes against it.

I think better way to describe it is not countertrend, but counteroscillation. When I see a possible end of an oscillation, I trade, sometimes it leads to end of trend, sometimes it doesn't.
 
trade with the trend, the trend is down, when you catch this trend down again, you will make another 60-70 points, more with creative betting strategies, target for down trend to continue is 1200.00, ES-came into negative gravitational pull(trading range) of 1250.00-1270.00 area...
 
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