ES Journal Archive (2011)

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Will be testing Swing strategy on 30 Min chart (Intraday Movements).

Short trade forming. Long trade did not trigger.

Will confirm bar close of 30 min chart.

Take profit levels are 1258 and 1254 (will update if it changes at time of entry based on market range)

Will post stop and entry @ 1300 Chicago time. If triggered
 
Quote from mwingo1135:

Vol it appears that your the only person who is so defensive about my postings. You also bring up issues that has already been covered.



I remember that post I came on to say that I set a sell stop and give the level but I ended up having to reply to your 4 to 5 post rant with my name included.


I did not hit my target when I posted the trade It took almost an hour after the fact. Plus I was 6 days in advance of market continuing to go short.

VOL BOTTOM LINE. I called the direction correct and the market went in the direction to test the bottom. I did this 6 days in advance. CALL IT BULLSHIT or whatever else you want. I am happy with how the first 2 weeks have been this month. I have been on the short side the ENTIRE 2 weeks of June 2011.

You seem to try to use day trading arguments against someone putting on swing trade positions Day trading is great and rewarding + swing trading has it place also but its a totally different thing if I called a trade and the market was now at 1312 etc I would clearly have been wrong but we were in a short cycle trend and the market went short.

Let the market deal with me. If I call a trade if within seconds after entry, before entry with a stop/limit order, or shortly after entry if I am away from the screen (For a swing trade I would still enter the trade an 1hr+ after trigger when I plan to hold it a few days). The market will still deal with me if I am right or wrong. The market has a way to show you who's boss and if I am bullshitting you the market will eventually show this! Let the market decide.
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LOL first your excuse was you were brushing your teeth and now you are saying it is my fault you don't post your entries real time? I can't wait to see what nonsense you come up with next
 
Quote from volente_00:

LOL first your excuse was you were brushing your teeth and now you are saying it is my fault you don't post your entries real time? I can't wait to see what nonsense you come up with next
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Vol your never let anything rest or are we just trying to get the last word. Its been over a week and you still talk about it. I said just let the market decide I never said it was your fault. I said I was about to but started replying to you. That is my fault for losing focus, I do not play the blame game. If I lose I do not blame wallstreet day trader boyz or hedge funds I am the one that lost.

its not like I win ever single trade I take I was just posting a swing 22 min after entry that I held 6 days and closed today and I been hit with day trading arguments.

I just posted a trade in real time. It is in the direction of the 30 min chart trend/cycle whether it wins or loses is up to the market.
 
Quote from mwingo1135:

Triggered @1258

Stop @1267

TP 1 @ 1257
TP 2 @ 1254 (Or will ride if steam)
Exit Strategy is in places
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just curious why you chase price? My strategy involves fading 10 point moves and your's seems to be the opposite.
 
Quote from volente_00:

just curious why you chase price? My strategy involves fading 10 point moves and your's seems to be the opposite.
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there are lots of different strategies and not anyone is better than any other.

Sincerly this strategy is a swing momentum trend strategy. So the market has to build up strength and go into a mini trend inorder for it to trigger.

For example on the daily chart the market came down from a high of 1347 but I was not triggered until it moved 26 points to 1321 where I entered and the market made a low of 1253.50 but the market had to go from 1347 to 1321 before it was triggered then it moved 70 more points in a trend.

This is one of many strategies I created and use just to name a few types

Cycle Reversals, Major Fundamental Changes, Momentum Burst, Pattern Breakouts, Pullbacks, Support and Resistance, and Trends

Bill Williams has what he calls a chaos strategy he used to become very profitable in the Forex market. I could never get my mind around it even though the math was correct he used alligator analogues but it worked. There are so many ways to look at the market and I never down play anyone strategy as long as it works instead I look to see how they see the market for further insight especially if they have something good.
 
Quote from mwingo1135:

Triggered @1258

Stop @1267

TP 1 @ 1257
TP 2 @ 1254 (Or will ride if steam)
Exit Strategy is in places

1% risk while testing 30 min chart
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Will let the forum know if I exit or keep second target for long ride. First target hit.

1st target is the tick/scalp level
2nd target is the trade level
3rd target is the trend level (no 3rd target on 30 min chart during test)
4th target is the triumph level (no 4th target on 30 min chart during test)
 
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