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ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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and stopped. Routine for me, get in with the 'TREND' and it backfires a bit to hit my stop. I've tried going against the trend when it hits resistance and it keeps plowing through it. I'm convinced the market is out to get me and me only.Quote from M3peat:
target 1212, stop 1.5 pts.
Quote from Blotto:
I don't think you'll get that here. Where is your stop?
Quote from emg:
1 point profit. may go short again soon
Well managed. I saw the market being capped at the high, which is why I suggested to M3peat not to hold longs. I wouldn't have shorted where you did, but a good read to see it was capped and that you'd finally get your target. I'm not a fan of holding longs into new highs so I don't tend to trade like that.
I'm curious why you shorted 09.25 and took almost 1.5 points heat to make a point. I'm sure you understand enough to have gone short 10.25. Why not cover the 09.25 short when it wasn't working (say for -0.5) and get in again higher up?
Quote from M3peat:
and stopped. Routine for me, get in with the 'TREND' and it backfires a bit to hit my stop. I've tried going against the trend when it hits resistance and it keeps plowing through it. I'm convinced the market is out to get me and me only.
Getting in with the trend after ES has ran 9 to 11 either up or down is a low probability trade due to the mean reversion.
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