ES Journal Archive (2011)

Status
Not open for further replies.
Quote from gmst:

covered 1248.5....its getting boring.

Trading is often boring. :)

For a day trade, it makes sense to take profits there though, as this can swing both ways from here.

Could be a great long entry, but if this level breaks, there is still time to get back in.

Right?
 
Quote from Laissez Faire:

Trading is often boring. :)

For a day trade, it makes sense to take profits there though, as this can swing both ways from here.

Could be a great long entry, but if this level breaks, there is still time to get back in.

Right?

exactly my thoughts. I didn't mean it literally that I am taking off the position since I am getting bored :D. You correctly explained what I had in mind - I took if off as it has been stuck here for so long with no quick followthrough on the downside...and there is a half chance that price might swing back up from here real quick.
 
Status
Not open for further replies.
Back
Top