ES Journal Archive (2011)

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Quote from volente_00:

already out of it


Trade went 20 points in the green after it was put on but it is to be disregarded because I did not post a stop at the time



I'm still bearish for a retest of 1100-1120 from 1192-1210 area



Currently short from 1190 and will add at 1200 and 1210 if we get there


Stop is 1220



If this test of 1100-1120 holds then I think we will move to 1300-1310
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We need to see ES trading at (better below) 1165-70 by close.

Then all hell break loose to the down side.

1125 and 1107 will be in the card. =)
 
Quote from volente_00:




So the fact remains your trade would had been more profitable if you had scaled out at any price lower than your stop.
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If I was going to get out lower, I would have gotten out on the whole position. That is the entire point. Last post from me concerning this subject in this thread. You folks are wrong on this issue. :)
 
Daily Pivot 1180, good place to cover a few overnight contracts in case we get rally off the open. Fwiw, 60 min starting to look bearish off the open. No confirmation until shorter term MAs cross below 50sma.
 
Quote from Buy1Sell2:

If I was going to get out lower, I would have gotten out on the whole position. That is the entire point. Last post from me concerning this subject . :)
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thanks
 
No sooner had I spoken :) Targeting 96.75's for the mid term target.

Same as always for me:

1. TICK TL breaks
2. TICK closes either above 600 / below -600.
3. Buy / Sell pullback.
4. If short term target hits, bring stop to b/e and try to ID mid term target.
5. Try to hold for mid term target if I can stand it.
 

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