ES Journal Archive (2009 - 2010)

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Quote from David M:

what makes u so sure eur will be sliding back?
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im not sure about anything.. from low of 3270 something called mean reversion?

currently at top of uptrend channel
 
Quote from Boff:

we're trying to negate ystday's pa. if fail we should finally get some downside fireworks.
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"we" makes it sound like you are part of the team attempting to do that. Are you long and buying more or what?
 
Quote from OTCkrak:

im not sure about anything.. from low of 3270 something called mean reversion?

currently at top of uptrend channel
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:) keep your SL tight on that one, the pair is unrational sometimes.
 
Quote from F112358:

"we" makes it sound like you are part of the team attempting to do that. Are you long and buying more or what?
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i'm short with you F, 65.5 sl 73 measly 2 lots :)
 
Quote from F112358:

Decisons...decisions...
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I was long YM from 10794 and dumped it all at 10834. I am in no position to make a decision right now.

I am not allowed to take shorts yet according to my plan.

I noticed the possibility of a reversal pattern and decided to be flat until I see which side prevails.

Sometimes the best decision is to admit to yourself that you just don't have enough tools to determine which side is in control from a probabilistic standpoint.
 
Quote from fseitun:

I was long YM from 10794 and dumped it all at 10834. I am in no position to make a decision right now.

I am not allowed to take shorts yet according to my plan.

I noticed the possibility of a reversal pattern and decided to be flat until I see which side prevails.

Sometimes the best decision is to admit to yourself that you just don't have enough tools to determine which side is in control from a probabilistic standpoint.
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Daily can snap back to 20 SMA easily without even affecting the uptrend.

Intraday-wise, it is often easier to trade the breaks as oppose to anticipate the trend change.

Not everyone is ammo or vol =)
 
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