ES Journal Archive (2011)

[Visaria]

Quote from Trvlwanderer:

Yeah, but logic is not at play. A gap up of over 50 es would not be surprising would it?

Ahhhhhh.....the ledge above the unknown is so full of jagged rocks and scurrying critters.

It's called a stop loss order

 

[Lawrence Chan]

Quote from Lawrence Chan:

Right on time.

mid 1220s on either Dec / Mar in play.

 

[Visaria]

You're da man, Larry!

 

[Lawrence Chan]

Quote from Visaria:

You're da man, Larry!

op ex mechanism - no magic.

if too many puts are bought at 1200 zone, next week may be range bounded drifting between 1210 upto 1250.

 

[bigsnack]

Quote from seouljah75:

New here. Just looking for some ideas. New to trading. I do not know whether to swing or day, looking for feedback. I guess Ill be posting my trades on here from now on. A friend suggested trading the ES.

We have a nice Motley crew here, welcome!

 

[seouljah75]

Thanks for the welcome. I guess I'll see you folks tomorrow and keep you posted on my trades.

 

[mastacoli71]

Quote from iloveoptions:

It's difficult to avoid all this nice vola though. Surely non of you wants to go back to the 12 point range days now.

Lol. I don't think we will have to worry about that for quite some time especially if Euro Union breaks apart.

 

[GordonTheGekko]

Quote from emg:

1 Point Profit!

Considering how many faces were ripped off in that last 20 mins, you did well. Not that 1 point is allot...

 

[macho grande]

Quote from GordonTheGekko:

Considering how many faces were ripped off in that last 20 mins, you did well. Not that 1 point is allot...

Don't you get the inkling that emg is trading a lot of contracts?
Imagine 100 cars for a point

 

[FreakofNature]

Quote from GordonTheGekko:

Considering how many faces were ripped off in that last 20 mins, you did well. Not that 1 point is allot...

He does not trade like that.

When he posts his entry selection, thats when he gets short or long, he does it without a stop, in the direction of his supposed entry.

When it goes the wrong way and cancels, thats when he takes a loss.

When it reaches his target and later claims 1 point profit, thats when he exited, at the supposed entry.

Other time he might exit green close to the target/entry if we didnt get there.

Doing the above is positive expectancy as Ive been doing it myself exactly as stated above. Took me a while to figure him out, but I did, thank you emg for taking the time.

FoN