ES Journal Archive (2006 - 2008)

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Quote from Buy1Sell2:

We'll have to see where we close today to see if the swing and super swing trends reverse to the upside. At the moment, they remain strongly down, but there is quite a bit of time left today. :)
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860 changes the view in very short term basis.
 
Quote from Pekelo:

It is not what you want, it is what the market does. You shall see....
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It doesn't matter. I have my stop in place. I will not make a decision prior to end of day. At that time, I will be able to see if the swing and/or super swing trends have reversed. I am not trading the short term charts. If I have a loss, it really isn't a big deal. I have controlled my loss and that's all I look at. :)
 
Quote from BoyBrutus:

862 to HOD we may then retrace most of the move
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NDX turned green and go back negative.

Enough to signal exit for most day trading longs.

Not enough to stop the longer term intraday buyers to buy the hell out of the pull back.
 
Quote from Buy1Sell2:

It doesn't matter. I have my stop in place. I will not make a decision prior to end of day. At that time, I will be able to see if the swing and/or super swing trends have reversed. I am not trading the short term charts. If I have a loss, it really isn't a big deal. I have controlled my loss and that's all I look at. :)
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You are probably one of few traders here who have no Outcome Bias problem.
 
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