long 1109
5 point stop
5 point stop
ES Journal Archive (2011)
- Thread starter Buy1Sell2
- Start date
- Status
out here at 1112 for +3
short 1115.5
5 point stop
5 point stop
stopped -5
So that's +4, +3, and -5 this morning.
Done for now.
Good luck
Not looking to short until 1136.5; will nibble at that point. Long starting at 1108 down to 1100. Should be follow through today if EurUsd rallies.
This is the 3rd big movement against your position, and so far you have given up 80, 90 and currently 50 pts unrealized profits.
If you follow Nitro' Journal, he had pretty much the same position as yours, but he had the common sense of scaling out in 3 steps and his last exit was almost right at the bottom.... He got out of his short with 42, 76, and 139 pts gain, that makes it an average of 85 pts profit....
Not everyone is scalping for 4 and 5 ticks. This may be a core position. Nothing wrong with that in the grand scheme of things. You can always trade around a core position.
4 and 5 handles i meant to say
Does anyone here use any kind of screener or tools like those available at finviz to see individual stock or sector strength/weakness, etc., or purely technical based on ES and maybe cash? I'm new to actually trading the equities indices though I have watched them alongside what I normally trade for a while; and interested in any tools that may be helpful.
For example:
http://www.finviz.com/map.ashx
For example:
http://www.finviz.com/map.ashx
Anyone else thinking we will likely trade roughly down to Monday`s lows before potentially going higher?
- Status