ES Journal Archive (2006 - 2008)

[jjf]

Quote from Buy1Sell2:

I don't care if I am stopped out 1 tick above the LOD.

Now there is a comment that will make you all stop and think.

jjf

 

[Lawrence Chan]

I posted the trades today to show a point - it is not necessary to be very good with your entries and still make some $.

There are simple setups that work pretty well ...

The rest is money management, as B1S2 says

 

[PACMAN1]

n.q. just 90 ish near r1

 

[PACMAN1]

08-06-08 12:46 PM

n.q. just hit 90 ish near r1

 

[learner2]

Quote from Lawrence Chan:

NDX cash index 1875 - already taken out but not zooming up.

I have the 50 MA on the NQ daily at 1896.1 - perhaps it is testing that MA??

 

[PACMAN1]

n.q. looks like it is coiling right now for either a breakout or breakdown.

 

[Lawrence Chan]

Quote from learner2:

I have the 50 MA on the NQ daily at 1896.1 - perhaps it is testing that MA??

Both 50 and 100 SMA are in the same area.

 

[PACMAN1]

it was a breakout wish I had traded it

 

[Xuanxue]

I'm short at 84 looking at a possible pivot propulsion from PH to 71 now. Don't quote me but I think the bear resumed.

Little room to breathe. 2 point stop.

 

[Buy1Sell2]

08-06-08 10:15 AM

Long 20 contracts @ 1278.50

Initial stop 1270.75
Stop raised to 1275.75