ES Journal Archive (2011)

[Buy1Sell2]

Quote from SrRuthenate:

hehe. I guess there's nothing new under the sun. Thanks for answering.

I only trade using oscillators and matching those entry and exit points with the current trend as I see it , sometimes using trend indicators to define bigger picture. I then define stop levels based upon price action and set my stops outside what I see as noise.

 

[Buy1Sell2]

I ignore volume and do not risk more than 2 percent of TLNW on any one trade/idea.

 

[SrRuthenate]

Quote from Buy1Sell2:

I only trade using oscillators and matching those entry and exit points with the current trend as I see it , sometimes using trend indicators to define bigger picture. I then define stop levels based upon price action and set my stops outside what I see as noise.

IMO your trading method is justified for someone swinging half the weekly volume in ES. In other words, not for me.

 

[Buy1Sell2]

The main tenet of my strategy is prudent money management. The exit and entry analysis, which includes all in/all out, comes second.

 

[Buy1Sell2]

Quote from SrRuthenate:

IMO your trading method is justified for someone swinging half the weekly volume in ES. In other words, not for me.

Nice to have you posting here. All are welcome.

 

[SrRuthenate]

Quote from Buy1Sell2:

The main tenet of my strategy is prudent money management. The exit and entry analysis, which includes all in/all out, comes second.

You said you follow and trade several markets. So I guess you get plenty of action in % of portfolio from that. Nothing wrong with it, several billionaire trendfollowers trade that way.

I look to make 3 points per week or more, so I have my niche too.

When the ES gets small for me, I'll retire...

Options is where is at for big players with guaranteed limited risk plays.IMO. If you are too big and catches you the wrong way, there is no way out with futures.

 

[Buy1Sell2]

I'm a long way from being too big for ES.

 

[volente_00]

Quote from Lawrence Chan:

You cannot blame yourself and we know option MMs will ramp it up unless they drop dead.

Every hint points to a reversal late in the day.

The problem is that they have to sync ES to the currencies arb level first to clear the way for buy programs.

And that level was 27 down to 17 gap zone.

Kick their asses tomorrow!

r10 long triggered in ah


next stop 1158-60

 

[Buy1Sell2]

Quote from volente_00:

r10 long triggered in ah


next stop 1158-60

stop 1125?

 

[KevinLB]

The 60 minute looks cheap. I want to jump in here, but there's been volume jack hattery testing buyers and there aren't none. DROP DROP DROP. That's what a new market print set-up looks like though.