ES Journal Archive (2011)
- Thread starter Buy1Sell2
- Start date
- Status
Going lower in Globex? 
hey dude.
Just seen this.
Been away from the PC for a good chunk of the day.
haven't added again yet. Very tempted though. Gonna wait and see where we are tomorrow.
ciao.
I`m aware of that, but it does not tell me much.
How does rollover day`s stand out?
Hello,
Long time lurker here. I haven't posted before since I didn't really have anything of value to share. Now I am at a point where I have a 'feel' for what is going on with automated systems by identifying the correlation between different markets, especially during AH.
My background:
I trade TF and ES with a small account. I am on the border of becoming successful now that I am able to pay full attention to the screen during the day.
(NOT YET PROFITABLE)
My setups consist primarily of identifying the trend on the 1 hour chart, and using a customized Keltner channel to show when price is moving quickly. I then usually enter using a pull back to the 10 SMA.
Once in the trade, I will put my STOP at the opposite end, just outside of the Keltner channel, or sometimes will use a dollar amount STOP loss.
Sometimes I take a turn-around trade if VOL looks (to me) like there is a change in direction.
In a profitable trade, I find myself putting on additional contracts and setting the STOP at B/E + 1 or 2 ticks, LIMIT at what I consider "A good day's pay" then I trail the STOP in the DOM.
I generally trade 1 or 2 lots, but sometimes go as high as 6.
Sometimes I hedge my TF with an ES.
My goal is 5-10% per day. -> Turn off trading computer.
or a 4% loss of total account - > Turn off trading computer.
My account is down a significant amount today. at one point I was approaching 5% increase on the day, over traded lost a bunch.
I am not upset about it because I feel that I learned a significant amount today and have to chalk it up to "Educational Expense."
Since I have been following this thread for a while I decided to introduce myself with a bit of background.
Comments, suggestions, and constructive criticism welcome.
Feel free to REPLY or PM.
keep it klassy please.
J
Long time lurker here. I haven't posted before since I didn't really have anything of value to share. Now I am at a point where I have a 'feel' for what is going on with automated systems by identifying the correlation between different markets, especially during AH.
My background:
I trade TF and ES with a small account. I am on the border of becoming successful now that I am able to pay full attention to the screen during the day.
(NOT YET PROFITABLE)
My setups consist primarily of identifying the trend on the 1 hour chart, and using a customized Keltner channel to show when price is moving quickly. I then usually enter using a pull back to the 10 SMA.
Once in the trade, I will put my STOP at the opposite end, just outside of the Keltner channel, or sometimes will use a dollar amount STOP loss.
Sometimes I take a turn-around trade if VOL looks (to me) like there is a change in direction.
In a profitable trade, I find myself putting on additional contracts and setting the STOP at B/E + 1 or 2 ticks, LIMIT at what I consider "A good day's pay" then I trail the STOP in the DOM.
I generally trade 1 or 2 lots, but sometimes go as high as 6.
Sometimes I hedge my TF with an ES.
My goal is 5-10% per day. -> Turn off trading computer.
or a 4% loss of total account - > Turn off trading computer.
My account is down a significant amount today. at one point I was approaching 5% increase on the day, over traded lost a bunch.
I am not upset about it because I feel that I learned a significant amount today and have to chalk it up to "Educational Expense."
Since I have been following this thread for a while I decided to introduce myself with a bit of background.
Comments, suggestions, and constructive criticism welcome.
Feel free to REPLY or PM.
keep it klassy please.
J
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