ES Journal Archive (2006 - 2008)

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Interesting to see that S1 today is 41-42, where SS wanted to print before thinking about going long.

And that the so called good # this morning gets no more than a 5 pt pop so far ...
 
Quote from Buy1Sell2:

I suspect that today will be a continuation sell off from yesterday, perhaps quite large in nature. Oil and bonds set for nice rallies. Euro set to continue upside. However, it really doesn't matter. I have my stops set in all markets and I trail them closer all the time. This is who I am. This is what I do. :)

B1S2 - Slightly off topic, but since it's very relevant for stock indices, would you be kind enough to share your technical assessment of crude on a daily and weekly timeframe?

Have the typical turtle and donchian stops been hit for long term trend followers on energy?
 
Quote from erlewine:

B1S2 - Slightly off topic, but since it's very relevant for stock indices, would you be kind enough to share your technical assessment of crude on a daily and weekly timeframe?

Have the typical turtle and donchian stops been hit for long term trend followers on energy?

I view the daily to be in a downtrend that is a pullback to the weekly and monthly uptrends. I believe 110 basis Sept would be a decent place to get out long term. I believe that shortly energy will resume the uptrend, but will be out if not.
 
Quote from Pekelo:

...

I mean seriously, what's the point of repeating something if you change it in the next sentence??? We got it, until you post, everything (even the song) remains the same...

I am posting it this way as a record to show when I making a decision. After all, even if I don't move the stop, I have still taken a decision, so I post it here. It makes it easier for all to follow when the record of the trade is posted in one place.
 
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