ES Journal Archive (2011)

[Buy1Sell2]

Quote from klinckphilip:

Short 1158.75

Stop 1167.25

Target 1125ish or EOD

dangerous in my view after we've already had this drop--good that you have a stop--hopefully it's risking less than 2% loss. Good fortune to you.

 

[klinckphilip]

Quote from Buy1Sell2:

What I mean is that without obvious reversal, then intraday trades are a better bet in the direction of the trend I believe. Can longs work? Sure.

I agree. I am still working the bugs out of my strategy. The indicators that I have were pointing to the upside. But, they dont work well coming out of the overnight. So at the beginning of the day I should wait for a breakout before looking at them and deciding the days direction or the next moves direction. I have had the day being short since you went short and my best trades have been short. So I see what you are saying. Ill just have to keep tweaking my abilities. And pay attention to the longer time-frames first. Then make decisions on based on the next 2-5 hours as to the direction.

 

[mwingo1135]

No rentry but close.

30 minute candle formed Doji candle (indecision)

Be back in an hour.

 

[JSHINV]

Quote from marceck:

It's easy: set your hourly chart RTH, then you get the gaps.

TOS only goes 180 days out on the hourly.

 

[Buy1Sell2]

I see initial stops on the 1 minute charts as 3 or 4 points at most right now.

 

[klinckphilip]

Quote from klinckphilip:

Short 1158.75

Stop 1167.25

Target 1125ish or EOD

Stopped out. Well those two evaporated a large chunk of last weeks gains. I think Ill sit out until I see something more concrete. Good luck everyone.

 

[Macho]

Quote from mwingo1135:

My 1156.25 level has been broken.

This could be the start!

Next 30 min bar would be looking to add to position based on bears taking full control.

1125 is my next level.

will 1156.25 hold!

Be back in 22 mins

You say you are looking to add to position,but i can't see anywhere in your posts that you have taken a position

 

[pokito]

Quote from pokito:

buy ES 1146.00(order in, not yet filled)...stop 1141.00

canceling this order...

 

[marceck]

"There are decades where nothing happens; and there are weeks where decades happen."
— Vladimir Ilyich Lenin

NDX targeting the 20 month.

 

[mwingo1135]

Quote from Macho:

You say you are looking to add to position,but i can't see anywhere in your posts that you have taken a position

I said add to a position

not to a trade. Meaning adding to a swing position.

This thread I have learned from times past focus more on day trade.

but I do got a big chart posted (Thread page 17582) with a short from 1196.50 (Its where that sell line and stop line shows on that chart)

I am looking to add to this position to test 1140 on its way to 1125 but so far no trigger so no add.