ES Journal Archive (2009 - 2010)

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Quote from fishing:

how do you trade so actively and manage to post them live at the same time? :D
It's not at all difficult. I simply open another tab in the browser with the "quote" of my previous trade already filled out in advance. Once it's filled I just enter the price and click enter. Voila!

On that note, here's today's total tally: +3.50
 
Guys, great news, SPX & INDU have finished this week with a bearish hammer, first occurrence since Jan 09, that's 9 straight months without a single weekly bearish hammer. PPT doesn't exist? Buy1Sell2 have you altered your mind regarding PPT at all since your last comment?

Have a nice weekend all!
 
Quote from JSSPMK:

PPT doesn't exist? Buy1Sell2 have you altered your mind regarding PPT at all since your last comment
Better stock up on them lubes. The last time I heard, shorties tend to wield potent shticks. They'll definitely give you a bang for the buck. :D
 
Quote from JSSPMK:

Guys, great news, SPX & INDU have finished this week with a bearish hammer, first occurrence since Jan 09, that's 9 straight months without a single weekly bearish hammer. PPT doesn't exist? Buy1Sell2 have you altered your mind regarding PPT at all since your last comment?

Have a nice weekend all!

Volatility is back! That is the most exciting news for next week. Hope I will not be disappointed.

Have a nice weekend!
 
I wish somebody could have warned us that the rally is ending. Oh, but wait!:

Quote from Pekelo on the 21st, before the open:

Warning:

I got the long term SELL signal. So most likely we are done with the upside and the dragon's predicted 1111 cash won't be reached.
So B1S2, if you are itching to go short, you have my official blessing to do so. :cool:
 
Quote from Pekelo:

I wish somebody could have warned us that the rally is ending. Oh, but wait!:

But AT 11 am on the 21 st you said 1111!


Quote from Pekelo:

Approaching the Failure area, watch for a possible reversal.... Posted in the Dragon thread an hour ago:

21e6g7r.png







:)
 
Quote from volente_00:

But AT 11 am on the 21 st you said 1111!

Hey, somebody is actually paying attention! :)

That's what you get when you use more than one indicators. By the way the 2 weren't exactly contradictory, just because we could have kicked a little higher that doesn't mean longer term we weren't going down. I explained that going lower than the Failure zone invalidates the pattern.

Not to mention B1S2 uses a 50 pts stop loss, so he would have been just fine and sitting on an almost 20 pts gain. Anything above that morning call was a gift for shorters....
 
Quote from Pekelo:

Not to mention B1S2 uses a 50 pts stop loss, so he would have been just fine and sitting on an almost 20 pts gain. Anything above that morning call was a gift for shorters....

I'm very new to ES, with very few live trades under my belt and a fantastic history in my sim account over the past couple months.

I've been playing with wide stops and tight stops and a variety of strategies.

Can you guys either post here or PM me the stop strategies you use intraday vs. swing?

Oddly enough, in sim, I've found that using a 10-pt stop has netted me the greatest profits. My trades have never even come close, but allowing that kind of room leaves me very relaxed about each trade, whereas using tight stops (1-3 pt) always take me out for a minor profit or the max loss only to end up going majorly my way.
 
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