ES Journal Archive (2006 - 2008)

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Quote from Pholeuon:

One question more. Where is the daytrend right now? Up following todays earlied action or down sliding whole week?
If I enter now, what is trend and what contrathend trade /1230 ES/
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Day trend continues upwards. There is no current entry signal for a long so a stop cannot be calculated for a new entry here.
Daily trend continues strongly down.
 
Quote from jagmot:

Well they just gunned out my stop at BE.
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There has not been a fresh long signal yet to re enter the uptrend. Thus, you were stopped out by noise in my view.
 
Quote from Buy1Sell2:

There has not been a fresh long signal yet to re enter the uptrend. Thus, you were stopped out by noise in my view.
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I thought if we cracked 1227 (past stop running at 1228) we would hit 1222 (where you believe a safe stop would be). We shall see. I am not an expert in stop placement, nor am I claiming to be.

Nice call B1S2. You were right.
 
Must get past 1232.00 again basis Dec or it's over.

Could be over anyway, but we'll need to get over 32 and 34 for this to get strong again.
 
Quote from jagmot:

I thought if we cracked 1227 (past stop running at 1228) we would hit 1222 (where you believe a safe stop would be). We shall see. I am not an expert in stop placement, nor am I claiming to be.

Nice call B1S2. You were right.
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Thanks, but it could still get taken out. Remember, the only purpose of this stop now is to protect 7.25 pts profit while letting the trade run.

I am, by no means, an expert by the way.
 
Quote from Buy1Sell2:

Thanks, but it could still get taken out. Remember, the only purpose of this stop now is to protect 7.25 pts profit while letting the trade run.

I am, by no means, an expert by the way.
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Just giving credit where credit is due. I'm still looking for 1256 today :) but now no trade on.
 
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