ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from Eko_Trader:

Out 55.00. Original target was 54.0, but I took it early. (Character flaw)
More...


As long as your "character flaw" pays the bills and a little something extra left over for the Mrs...then most people would love to have your flaws :)
 
Quote from petty1978:

As long as your "character flaw" pays the bills and a little something extra left over for the Mrs...then most people would love to have your flaws :)
More...

Hey, no complaints here. Beat myself up occasionally, but on to the next trade.

You still see that 64.50 in your books?
 
The ES 12:00 pm est 30m Bar (as a guide) creates minimum downside to 1048.25. May not rush to it but this has to be dealt with in a 24 hour timespan and usually is...combine this with confirmation signals (if they are accurate good) that initiate trades and you have a great trade.

Bars High > Open, Close < Open, Open > Bar Median, Close < Open
 
Quote from petty1978:

As volatile as the ES has been the last 2 weeks it has been holding up so much better than back in 2008. This leads me to believe their is a lot of upside.
More...

We haven't had a country default on its debt yet. In 2008 we had major iBank failures, first BSC, then LEH was the nail in the market's coffin. If one of these countries defaults, that would be mayhem for the markets. Right now it's just a "correction". The whole thing has a deja vu feeling though.
 
Quote from Eko_Trader:

Hey, no complaints here. Beat myself up occasionally, but on to the next trade.

You still see that 64.50 in your books?
More...

It seems a stretch for today but I trade so incremental that I kinda just wait till price hits these bands, and that 64.50 is a sell short marker...I have these bands all over the ES, as price drops or rises they are printed way way in advance, I trade when price reverts, this keeps my signals from firing (well executing a trade) in a market that is melting up or down...thus I am not active in catastrophic price action.

I am short the ES and my reasoning is from a really reliable signal...but you never 'really" know...its just statistics...
 
Quote from petty1978:

It seems a stretch for today but I trade so incremental that I kinda just wait till price hits these bands, and that 64.50 is a sell short marker...I have these bands all over the ES, as price drops or rises they are printed way way in advance, I trade when price reverts, this keeps my signals from firing (well executing a trade) in a market that is melting up or down...thus I am not active in catastrophic price action.

I am short the ES and my reasoning is from a really reliable signal...but you never 'really" know...its just statistics...
More...


thanks. Really enjoy your market commentary
 
Status
Not open for further replies.
Back
Top