2 ticks short.
I`m waiting for a short opportunity, but it may still be too early.
Hard to tell.
ES Journal Archive (2011)
- Thread starter Buy1Sell2
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2 ticks short.
I`m waiting for a short opportunity, but it may still be too early.
Hard to tell.
Sold 48,50. Stop @ 50.
Mentally prepared to get stopped out and re-enter if too early.
EDIT: Stop adjusted to 49,50.
2nd EDIT: Stop now at B/E.
Looking for a drop here, but will exit on any sign that the 20-EMA holds.
3rd EDIT: One tick locked in @ 48,25. Not extremely confident that we top here, so I`ll lock in a tick to cover commissions. If stopped out and we do roll over, there will be plenty of opportunity to get back in with better confirmation.
Mentally prepared to get stopped out and re-enter if too early.
EDIT: Stop adjusted to 49,50.
2nd EDIT: Stop now at B/E.
Looking for a drop here, but will exit on any sign that the 20-EMA holds.
3rd EDIT: One tick locked in @ 48,25. Not extremely confident that we top here, so I`ll lock in a tick to cover commissions. If stopped out and we do roll over, there will be plenty of opportunity to get back in with better confirmation.
1 tick profit!
Still interested in the same trade, but will see what happens here. Did not completely fill the gap above and then there is the emg target above as well.
Quote from Laissez Faire:
1 tick profit!
Still interested in the same trade, but will see what happens here. Did not completely fill the gap above and then there is the emg target above as well.
Which gap are you referring to?
EDIT: and yes I would guess there would be more fanfare than what happened if a major move down is to happen. It was interesting that there were VERY heavy offers at 50, some filled and then the rest pulled and no stops to be found above 50.
50,75.
Some would probably say it is already filled.
Still climbing a trend line here, so shorting from here is probably a little early, unless entering cleverly so that one can quickly eliminate risk.
My 5-minute 09:30-04:00 chart.
Close is 50,75.
Short @ 48. Stop @ 49,50.
EDIT: Stop @ 47,75.
EDIT: Stop @ 47,75.
Not extremely confident yet. Possible bounce zone with the 20-EMA.
If we leave that one behind, I will relax
If we leave that one behind, I will relax
I am now relaxed as the risk is taken out of the trade, but not sold on reversing from here.
If we do, I`m first looking at 42,50 below. Then 34-36 if that breaks...
If we do, I`m first looking at 42,50 below. Then 34-36 if that breaks...
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