ES Journal Archive (2011)

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Quote from Lawrence Chan:

Yesterday was the breakout test of the original down trendline on daily.

It flushed below but closed above the trendline.

A retest of year high can happen within a week or 2.
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so you think we breakaway from the unfilled gap below ?


1323 is a key fib from this last move.
 
Quote from dadog:

It's just earnest money you put down in good faith for all the money you are about to rake in.

You'll be buying us rounds in no time.
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one of these r10 is going to hit :)



I'm short from avg of 20 with a stop at 30 and a target of 1302-07
 
Quote from iloveoptions:

Asking 1325.5 on another position.
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Adding iloveoptions to list of "averagers"...

What's the point of shorting an initiating market rocket ???.:confused:
 
Quote from eudaemon:

Adding iloveoptions to list of "averagers"...

What's the point of shorting an initiating market rocket ???.:confused:
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its not your style thats fine,let it go,if you have a position,u trade around it taking profits,cutting losses,just different than in or flat,basically the same though,pays more when your right,costs more when your wrong
 
Not really ammo, and you know it. When you are wrong you have max position, when you are right at the start you make a pittance.

It is so pervasive and damaging to ROR, that anyone using it should be labelled a "loser" unless proven otherwise. Very few RTM strategies work...till they don't and blow up. Same as selling naked premium or even worse.
 
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