ES Journal Archive (2009 - 2010)

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Quote from petty1978:

Short 1051.75, exit 1049.25

This stopped out at 1054.25 :(

We receive around 20 of these types of signals each Full Globex Session...I can not post them all...this is a 5m Bar signal.
 
Quote from Eko_Trader:

sold 55.50

I am in a 30m Bar signal Short from 1052.25, my exit is at 1038.50...we may see a run up to 1057.50, maybe a touch higher but I think you are in good position today from a 30m Bar time frame perspective.
 
Quote from petty1978:

This stopped out at 1054.25 :(

We receive around 20 of these types of signals each Full Globex Session...I can not post them all...this is a 5m Bar signal.

agreed ... your breaklines (entry/exits) agreed with mine but it had too much head of steam for me to short
 
Quote from rock34748:

ditto -.5
sh 55; sl 58.25
edit: out half 51.75

What kind of target do you have to exit? Kinda a gut based exit? Is that why your stop is so tight? What time frame led you to go short?
 
Quote from jjf:

agreed ... your breaklines (entry/exits) agreed with mine but it had too much head of steam for me to short

What kind of time frames do you trade by most frequently?
 
I am not trading time based charts. I wholehartely believe same do althorhytms of leading market players.
We are in down oriented channel (about 60 pt wide) and until now price is extremely well respecting it. On Friday we were flirting with top half, today with bottom margin. I saw in 08 that get out to to top side of that channel is extremely difficult. Until we will break the top there cannot be any upside. That top is currently about 110 SPY, bottom 104. We should loose in average daily about 5 ES points. Price can bounce between margins freely.
 
Quote from rock34748:

ditto -.5
sh 55; sl 58.25
edit: out half 51.75
sl to 54.75 on remainder; otherwise looking for 50 (or lower, depending on move)
Edit: out 50.25 since 50 touched a few times
 
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