Both sides are scared.
ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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Both sides are scared.
cl finally doubled it's little gain for the day, but es stays in baby range.
GL and SL up, naz heavies mixed and relatively flat. eur went to sleep as well.
Really wondering why I am watching this, hehe.
GL and SL up, naz heavies mixed and relatively flat. eur went to sleep as well.
Really wondering why I am watching this, hehe.
A day like this usually predicts a big move and I am guessing UP on Monday.
It is possible that we still have the dragon pattern in play, although originally I thought we passed the Failure zone (1176 +/- 3 pts cash), but we did bounce so powerfully from 1171, that I have to assume, we just overshot it, and we are still good for it.
If so the new math is 1171+26= 1197 cash for the 3rd top....
It is possible that we still have the dragon pattern in play, although originally I thought we passed the Failure zone (1176 +/- 3 pts cash), but we did bounce so powerfully from 1171, that I have to assume, we just overshot it, and we are still good for it.
If so the new math is 1171+26= 1197 cash for the 3rd top....
Long for scalp at 1177.75 see how it goes.
Trade is being hedged by a sell stop on CL, so if ES tanks, it should get me into the CL trade, but you never know.
Out of 1st contract at profit, 2nd contract set to BE stop and target now higher than 1st contract.
I have lately been doing bad on my 1st trades of the day, I wondering if I should set those to sim, and only trade real money after 1st trade, or until this trend changes.
2nd contract, has been stopped out at BE. Note, the ES trade did have a stop, the hedge was not a stop.
ES has been in range this afternoon, so the reason for this trade was to get in at a limit price where I could at min get at least 1 point of profit but with the direction of my 2 indicators which were still indicating upward bias. So I got in this trade, and while I did take some heat, my stop never got hit since we did not break down out of the range. We may break higher or lower, but I expect that to happen on Monday not today.
2nd contract, has been stopped out at BE. Note, the ES trade did have a stop, the hedge was not a stop.
ES has been in range this afternoon, so the reason for this trade was to get in at a limit price where I could at min get at least 1 point of profit but with the direction of my 2 indicators which were still indicating upward bias. So I got in this trade, and while I did take some heat, my stop never got hit since we did not break down out of the range. We may break higher or lower, but I expect that to happen on Monday not today.
look at dtx running again
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