ES Journal Archive (2009 - 2010)

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Quote from Boff:

Long 1171.25
SL 1163
looking for 1180+

Hi Boff, I'm a very new ES trader (only traded it live a very few times over the past year) and I'm curious what your rationale is for taking a long position near an area that exhibited such strong resistance yesterday? Wouldn't it make more sense to go long if price retested the overnight high and broke through?
 
Quote from emg:

Filled at 1171.75. looking for 1pt profit

What size stop are you using on these trades ?

Just curious why you only shoot for 1 point ?

Most of the ones you posted end up going much further than that and you seem to be leaving a lot on the table.
 
Quote from NoDoji:

Hi Boff, I'm a very new ES trader (only traded it live a very few times over the past year) and I'm curious what your rationale is for taking a long position near an area that exhibited such strong resistance yesterday? Wouldn't it make more sense to go long if price retested the overnight high and broke through?
this one is a bit of a chase definitely. but i'm a trend chaser and i see this thing more likely than not getting another leg up my entries absolutely suck for sure. F may win this one :)
 
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