ES Journal Archive (2011)
- Thread starter Buy1Sell2
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Quote from Laissez Faire:
Seems like the ES is closing flat today.
I made some coin today, so I`m happy. If I took profits @ 1325,50 where I was considering doing it on my last short, I would have been even better off.
But what really killed my day was that god damn impulsive chase trade on that spike bar above 1327.
But I`m improving. Normally, that loss would have marked the beginning of a streak of overtrading and giving back all my profits and then some.
7 minutes into the cash close and I`m not seeing anything so I`m calling it a day. In the past, I would have chased hard and probably entered short on that last test of 1327.
Now it`s post analysis and hopefully some sleep in not too long. Later guys
No, the 1328 long was a good trade. Don't be so hard on yourself. You saw a possible reversal. You just didn't give it enough wiggle room ! 1.5 point stops are way tooo small. ES needs plenty of room to work. 1.5 points is just asking for disaster. It always has with me !
Looking for the tdaygirls to print a 17 from 30.
http://www.forexfactory.com/calendar.php?do=geteventinfo&day=2011-4-4&c=2... benny n the bucks speaks at 6 15 central
I'm surprised to see some folks here trying to still pick tops. Wait for it to roll over then short. You know someone is working overtime to come up with breaking news to push through resistance. Just as sure as I'm typing that news is being plotted.
That's called distribution
http://www.marketwatch.com/story/bernanke-sees-higher-inflation-as-transitory-2011-04-04 .... bernanke says commodity prices will eventually stabilize ... cotton almost tripled since august ... fed speak for talk to the hand
Quote from volente_00:
That's called distribution
Looking for 21-22 as tell tale zone.
If that fails to hold up the market, you may get a lot more than 17 that you ask for.
=)
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