ES Journal Archive (2009 - 2010)

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I made 1 point on my short today. Could have gotten more. I was going to re-add at 1026 with a stop above that high if it did not move in my favor.

I was gun shy after the loss yesterday so I pulled trade before target.

I also think I got in a little late, I should have tried to short around 1026 the 1st time.

In the future I may do more contracts to try to catch runners. This is just commentary, and you can call this a paper trade if you want, I could care less since I know I made profit.
 
If 1026 holds, then this could be a range afternoon of 1022.50 to 1026.

Here's a possible trade, set a buy on break of 1026 for example, 1026.25. If market hits 1026, and falls back to 1025, then sell 1025 and target 1023
 
Quote from Pekelo:

Hey, somebody is paying attention!!! (and it paid off nicely) :)

Actually I didn't really pay attention b/c I didn't realize it was 2nd in a row! It still paid but should have paid REALLY nicely.

1020 or 1040. I'm leaning towards a squeeze to 1040 if it breaks above 1027.

I'm 3/4 since last night with the only loss being my only short.

edit: the above is with respect to cash.
 
Quote from oraclewizard77:

If 1026 holds, then this could be a range afternoon of 1022.50 to 1026.

Here's a possible trade, set a buy on break of 1026 for example, 1026.25. If market hits 1026, and falls back to 1025, then sell 1025 and target 1023

The 4:15 close was 1027.25.
The 4-4:15 high was 1028.75.

Watch for a false breakout to those levels. If 1030 prints it should be safe, in my humble newb opinion.
 
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