ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from luckylucy:

Thanks Rashid. is 1600K your mainly trading chart, or your mainly watching chart? I don't trade TL much, i am not good at it. the 3 min chart gave a perfect 3 pushes down reversal in the morning and the pushing low almost closed the gap. It seemed the perfect long set up, but i missed the best entry, and the market didn't offer any decent retrace.
Glad to have NQ traders here, hope to talk with you more:)
More...

Cool... Yes 1600 main chart.. Also a 30m (mainly to see the overnight the 1600 abbreviates) and Daily for context.. The 1600 does miss some hammer candles though... Got fried with ES last year but probably due to my green-ness.. Could "maybe" handle it better now but no reason to... smaller ego these days..

Off to work..
 
Quote from Rashid_G.:

Me too! I would prefer lots of things..:p
More...

The only difference is that my preference gets fullfilled! :)

Now we are still in the Failure zone, until we pass the 1078 cash (SMA 9 line) which acted nicely as a resistance so far. (SMA bounce)
 
me too. often before the trend ends, I already got this feeling, so always sell early or cover early if I short. but when I try to sell a little bit late or cover it a little bit late, I always feel it is too low to sell and it is too high to buy, but in reality, the trend just reverses there. when I saw 1077, it is very attractive to me to go short, but I hesitate, oh, missed. so bascially I was red in Es today

Quote from NoDoji:

but my thinking kept me out of a trade there on the pullback - what would drive the market so much higher, I thought? DEMTDAYBOYZ, of course! I assumed they were at the pub...
More...
 
may be down to 50~55 again. just Ben's talk rally?

Quote from ammo:

we should have pulled back to 68-70 in the last hour, seems there are a lot of shorts out there late to cover
More...
 
Quote from Arcanine:

@Rashid: How do you like trading Opening Range, if I may ask? Do you find many reliable trades/setups?
More...

Just started a couple of weeks with OR. So far I am surprised how useful it is.. like an AHA! moment. Seems most mornings there are beautiful trades to take - I would love to find a way to test it. For a trader that wishes to trade less and avoid chop it is very useful WHEN used dogmatically. There are bits on the net about it but I am sure it's application changes periodically depending on volatility so always a moving target.

Best improvement for me is is has helped in figuring out Chop or not and chop has killed me a million times.. Now I get an idea of "what is going on" before I waste trades... still do but not as much.

edit: basically I avoid trading when price stays in a relatively small OR and fade returns to OR edges once price has REALLY left like the 1802 area this morning that I didn't take.
 
Status
Not open for further replies.
Back
Top