ES Journal Archive (2009 - 2010)

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Quote from Eko_Trader:

Perhaps we get 02 - 12?

That can happen too.

It is all about money management.

e.g. You short from 06-07 daytrading only, then light up at PP will make it easier to ride. or if you do not scale out, then a stop at 6.50 or higher will keep your position outside of resistance zone like previous day high, etc.

If you are bullish you look for long from the PP retest you probably want to at least using BE stop and/or light up at VWAP, previous day high, etc.
 
Quote from Lawrence Chan:

That can happen too.

It is all about money management.

e.g. You short from 06-07 daytrading only, then light up at PP will make it easier to ride. or if you do not scale out, then a stop at 6.50 or higher will keep your position outside of resistance zone like previous day high, etc.

If you are bullish you look for long from the PP retest you probably want to at least using BE stop and/or light up at VWAP, previous day high, etc.

Agreed. I wanna see where this battle leads.
 
Quote from Lawrence Chan:

News shock is needed to make that happen ...

Wave,

From the PA today I get why 80 is in the card.

They failed on first try, need a high speed run down to break the ice there.

Could be very drastic.

Edit: if they can do it in 1 wave, 80 will be taken out easily.
 
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