ES Journal Archive (2006 - 2008)

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Quote from Buy1Sell2:

Weekly trend remains up and the daily has not diverged or broken reaction lows yet. This the full extent of my short term bullish analysis.

I guess that's all you really need to know! LOL. Very nice call the other day.

OldTrader
 
Quote from OldTrader:

I guess that's all you really need to know! LOL. Very nice call the other day.

OldTrader

Thank you although this trade is not over yet and I could give it all back. There was one mistake in this sequence and that was that I did not raise my stop from 1262.5 to 1265.00 the other day when I was long from 1268.00. I knew it should have been moved, but left it alone. That cost me 2.5 points and the loss would have only been 3 points per. Seems like a small difference, but just like commissions, those will add up. Anyway, I am holding long here and will continue to move my stop in the direction of the trade/trend. Thanks again!
 
08-22-08 07:32 AM

08-20-08 09:52 AM

08-20-08 08:53 AM

I will enter long @ 1272.00 20 contracts
Stopped in ---Initial sell stop 1251.25
Sell stop raised to 1270.25
Sell stop raised to 1272.50
 
shorts are really getting hit hard 2day.

as they deserve.stock indices were meant for investing (buying) not shorting

yes i know

I went short the other day for something like 30+ points.It was a good trade.

noticed how i covered it at the bottom almost to the exact minute?

this after being on hiatus for a few months.

incredible
 
Quote from jagmot:

I'm going to put out a small short here. Good risk/reward area.

Short 1278.
Stop 1286
Target 1251

I see 200 EMA on the 240 chart right at 1278.50
Also I'm using a stop just above Tuesdays high.

Stopped out this morning, looking for a reentry.
 
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