ES Journal Archive (2009 - 2010)

[lurefo]

Quote from lurefo:

small long 928.5 stop 27

out 31.25

 

[trackstar]

Quote from lurefo:

out 31.25

nice, missed that one.

 

[lurefo]

Quote from trackstar:

nice, missed that one.

In hindsight, I was wrong in my size management and in the exit mode. I can't complain, the r:r was ok and there is always the next trade.

 

[Michael.jstocks]

Quote from trackstar:

nice, missed that one.

I assume that was an obvious trade for professional traders, then?
I am a newbie. I can see some good lines on my chart that would give an entry at that point, but due to the fact that he got in so early, I assume sometimes traders dont wait for any confirmation? Just get in when it hits your support number?

 

[Michael.jstocks]

short 931.25 - stop ar 932.5

 

[saliva]

Jump aboard. I see LOD near 920. Wait, let's make that 919 so that we can hit RC's stop.

 

[Michael.jstocks]

Quote from Michael.jstocks:

short 931.25 - stop ar 932.5

stopped out - minus 1.25 points

 

[BoyBrutus]

Quote from Michael.jstocks:

I assume sometimes traders dont wait for any confirmation? Just get in when it hits your support number?

Yes

PMT will help

http://www.elitetrader.com/vb/showthread.php?threadid=144884

Price action on 1min or less will give clues before support or resistance is touched

 

[saliva]

adding a bit more short here at 33.25.

 

[saliva]

Quote from BoyBrutus:

PMT will help

BB, are u mocking me?