ES Journal Archive (2009 - 2010)

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Small long 70.25

SL 68.50

(It's been said that 99% of the ES noobs lose due to their 2 point stops. Mine's 1.75. Hence I belong to the privileged 1% :D)
 
Quote from inks2002:

maybe a silly question but when you guys trade do you normally leave the over night session on your charts + the day session, or just use the day session?

Or do you switch inbetween. Just asking as I get some minor differences in signals when I leave out the overnight session.
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Here's what I do.

1) Use RTH charts from 8:00 to 4:15. This will bypass any problem associated with the economic jibberjabber that gets released at 8:30.

2) Use AH charts after 4:15.

My own personal opinion is that trendlines usually don't align during the day when you connect the dots using AH session, so I avoid it altogether. However, on a day with a monster gap like today, it's advisable that you use both charts.
 
Quote from dandxg:

Stop and think about this. Its a global market and almost all indexes are correlated. Watch the Dax vs. ES generally move lock step. Reports which come out premarket often a mover. Do you want to leave that out? Mark the globex high and low you will be fine.
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That was my initial reasoning for using the after hours and day hours charts. Why would I want to cut out thousands of trades right?
 
Quote from volente_00:

r10 on cash and globex

:)
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And of course you would have sat on your hands all this time. Having unfortunately made your acquaintance, I can safely say "pooh-pooh that". :p
 
Quote from jjj1000:

Bubble Ben my friends... he wants to fix one bubble... by creating another bubble! I kid you not. Hello oil $100+
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He will have to do something about that pretty soon...High Oil price will kill this recovery in its track ASAP.
 
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