ES Journal Archive (2011)
- Thread starter Buy1Sell2
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ammo,
Can I seriously ask you why you never enter a long? You obviously see the market go up when you post your charts and look at levels above as magnets?
What`s wrong with joining the long side up and then reversing after we hit those magnets, ledges, nips, etc?
Further, I remember you saying earlier that you were a counter-trend trader, so I was anticipating if you would start trading long when the trend turned down, but you kept shorting.
So, in effect, you seem to be a short trader only.
With all respect and sincere curiosity.
Regards,
LF
Can I seriously ask you why you never enter a long? You obviously see the market go up when you post your charts and look at levels above as magnets?
What`s wrong with joining the long side up and then reversing after we hit those magnets, ledges, nips, etc?
Further, I remember you saying earlier that you were a counter-trend trader, so I was anticipating if you would start trading long when the trend turned down, but you kept shorting.
So, in effect, you seem to be a short trader only.
With all respect and sincere curiosity.
Regards,
LF
Quote from JoshDance:
Probably hurts a lot to see it in the red too
http://screencast.com/t/Rgsfnqed
That's when I either a) move my price ladder lower so I can't see the total, or b) Restart the SIM. That's the beauty of it, there's always a fresh start right around the corner!
ES gap is only 10 points away now. I would not be surprised at all to see us drift up into it by end of day.
NQ at a resistance level here at 2352.
YM already filled it`s gap.
I already took off 3 points on a long, not interested in sitting through a retrace and trading with fear lately, but it might be interesting to join the long side one more time if a good set-up appears.
Edit: Further, this appears to be the kind of day that fucked me real badly in the past when I have tried to pick the top all day long. Lesson learned. The recipe for these days seem to be long-entry on a pullback and then just lean back.
NQ at a resistance level here at 2352.
YM already filled it`s gap.
I already took off 3 points on a long, not interested in sitting through a retrace and trading with fear lately, but it might be interesting to join the long side one more time if a good set-up appears.
Edit: Further, this appears to be the kind of day that fucked me real badly in the past when I have tried to pick the top all day long. Lesson learned. The recipe for these days seem to be long-entry on a pullback and then just lean back.
It looks to me like we are due for a pullback. I will look to get long in the area marked in the chart -- 50% of the day's range, VPOC, and IB high all within a 1 point range .. will see how we react down there. It may just keep going up from here but from what I see I think bulls are struggling a bit much to push it up straight from here--need to reload, trap a few more shorts to help with the move up.
http://screencast.com/t/bibq4jkjOh
http://screencast.com/t/bibq4jkjOh
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