ES Journal Archive (2011)

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Quote from Picaso:

Careful with the ladies... :D :p

HAHA....between my gf and me, i think we know almost everyone in Ormoc....that keeps me in line...hehe. Wifi is back, i might try a few trades.

Think they are tempting the shorts here and will blow them up! I will just watch and maybe go long if it happens.
 
Quote from esmonkey:

HAHA....between my gf and me, i think we know almost everyone in Ormoc....that keeps me in line...hehe. Wifi is back, i might try a few trades.

Think they are tempting the shorts here and will blow them up! I will just watch and maybe go long if it happens.

are u trading using WiFi connection?????
 
Quote from volente_00:

Stop trailed to 53.5 Descending triangle breakdown or come get my stop you tdaygirls

What about "Never short a dull market"? :)

Lower tops in NQ and YM though. Potential double top in ES. Maybe? :)

PS: In case anyone was wondering, I was stopped out on the trade I posted. If I had been present, I would probably have widened it by a tick "just in case" and that would have kept me in the trade.

Flat at the moment, not getting any good signals in this choppy environment. Probably done for the day.
 
Quote from Smart Money:

We're going higher 'til Friday. I see it from my view as a Swing Trader, rather than a day trader. Tomorrow could be a down day due to today's over-enthusiasm but I'm still confident on a really nice climb for the week.

Sorry I sound so confident, but thats how I trade.

SM

Yep, you're right -- can't stay short when other risky assets are making higher highs.
 
Quote from volente_00:

You are chasing. When price runs 9 to 11 points up and you buy and chase you will get stopped out over and over again. Vice versa on down moves.

I`ll be the first to admit that I`m prone to emotional overtrading and chasing, but I`m not sure that was the case last night. There are some better examples from last week when I entered 5 trades or so within a very short time span.

We had several 15-20 point ranges last week. When we seemed to be building a base @ 1343, a run towards the previous day high were not that much of a stretch, IMO. Yeah, I lost on the trade, but I think I would have taken the trade again :)
 
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