ES Journal Archive (2011)

Status
Not open for further replies.
Patience. No strong bounce off support yet, which tells me it will break in due time :)

Why use wide stops when trading around key levels?

At 1117 it is probably game over for any longs, unless it is long term.
 
Quote from mastacoli71:

Now your talking. I started at 24. Looking at 36 and and 43. By 43 will be at 5 contracts total.

Covered half of 24 at 20. Will add that portion back on at 28.
 
Quote from Laissez Faire:

That said, I`m attempting a short here @ 1125. Stop @ 1130.

Stop adjusted to B/E + 1 tick.

Bounced after all. Just a retrace before breaking or bottoming? I don`t know :(
 
long 20 evens. I am still stubbornly seeing it as a long. Target 33.25's.

Short term and long term targets:

2011-10-05-TOS_CHARTSa.png
 
Quote from Laissez Faire:

That said, I`m attempting a short here @ 1125. Stop @ 1130.

Out at 24,75. 1 tick profit!

I seriously considered covering around 20 as a bounce were to be expected, but just as I was leaving, it looked like we were going to break support and I did not want to risk missing the boat.

Still not convinced we go higher for the day though.
 
Status
Not open for further replies.
Back
Top