ADD'd 5475 Target 5750
Will ADD further, if necessary.
NiN
ES Journal Archive (2011)
- Thread starter Buy1Sell2
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ADD'd 5475 Target 5750
Will ADD further, if necessary.
NiN
Stop moved to 1257 there is still steam at the 1254 level. If I was trading daily chart I would take one off at that level and the next level would be 1250 before the big ride....
So no matter what I pick up 2 total points and prepare myself for a short trend if it ever occurs. Just how I like it.
I am in a free ride.
nice trade. You going to hold it for a swing?
Stop moved to 1256 going to go make a protein shake and let the dog out. Might even use the bathroom
FLAT 5625...early finish for a webinar and rest.
NiN
Trade recap
Both profit targets hit. Instead of taking the 1254 level like I normally would have done I moved stop to 1256 in order to see if market would trend since I did not put on a third (trend) or fourth (triumph)10 lot position.
I do not move the 4th level stop so I would still have been in this trade on the daily chart with bigger 1st-4th profit targets but for a 30 min chart intraday it hit my targets.
Looks good..EMG has some real competition.
NiN
SPX 1250 area gap finally filled.
Thanks you I appreciate it.
Not trying to compete, just trying to look at the market but since you mentioned it I will be looking at EMG trades to see how close they trigger to mine which would be cool.
The strategy I just posted builds up to a trend, if the trend does not occur I am out but normally my stop is placed below my entry and I have already hit first two profit targets.
It looks like since the trend did not occur this time around you would have hit your target of 57.50 which shows how two trades in two different directions could both be winners put on almost the same time.
Another strategy I call "and yet they fly" (momentum burst) was triggered in the 1230 candle (central time) but that strategy moves to fast on the 30 min chart to try to post entry/exit. You would have to be algo/automated to follow.
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