ES Journal Archive (2011)

Status
Not open for further replies.
Quote from Laissez Faire:

Stopped out @ 1323,50. Taking some time off now.

Lesson: I should have trusted my initial target, but I find it hard not to micromanage when I`m seated at the computer.

Taking profits and getting back in feels nice though, so it might still be the right thing for me to do. More testing is needed :)
More...


You do realize r10 is around 20-21 from the last reaction high ?
 
Quote from Laissez Faire:

Stopped out @ 1323,50. Taking some time off now.

Lesson: I should have trusted my initial target, but I find it hard not to micromanage when I`m seated at the computer.

Taking profits and getting back in feels nice though, so it might still be the right thing for me to do. More testing is needed :)
More...
u look at the charts,pick your numbers,then put on a trade,you watch it head for your number,then you become human and a million thoughts run thru your head,the negative ones force you out of the trade early,it would be nice if you could get rid of all of them and just be a machine,you can't ,but you can get rid of all the negative ones,and just focus on your target,you can support the thoughts supporting the move to your target with the like markets and their movements,uvol dvol,stocks ,derivitaves leading the market ..etc....if they change that would be a reason to abandon your target
 
FWIW


Massive IHS on cash


if it weren't for the gap at 08 I would be really bullish about it

Regardless if 20 holds on cash then we will print 1350-1355 on cash in the next 5 days


Pattern is still valid down to about 18 cash which is a 50% retrace of the last leg up.

spy option interest hints at the move as well.
 
Status
Not open for further replies.
Back
Top