ES Journal Archive (2011)

[Visaria]

Quote from Jgills:

ur over trading because your pissed about your lost profit. take a break.

Yes, good assessment, cheers.

 

[macho grande]

Wow that's what i call a gap lol

 

[Visaria]

Quote from JoshDance:

Very simple my friend -- either close the trade at +20, or move the stop to +10, and leave it there.

You are an awesome trader and I wish I had your ability to hold trades as long as you do. But ever since I've known you from CL, you've let massive profits escape. Just take the damn profit dude. 20 handles in ES in a day is a darn good profit by anyone's standards. Even with 5 or 10 you're light years ahead of most people--just close the trade and enjoy the money.

You're too kind, josh, but my trading over the last few weeks is less than awesome.

Good advice re the profit taking, I really need to work on this, take the fooking money, eh!!

 

[JoshDance]

leveled off at 35:1 D/U vol ratio

2500 declining issues

 

[Visaria]

short 40.5

 

[Visaria]

Check out German DAX daily chart, massive support at 5760, if that goes....

 

[Visaria]

Quote from Visaria:

short 40.5

out at 40

 

[JoshDance]

Quote from Visaria:

Check out German DAX daily chart, massive support at 5760, if that goes....

I don't watch the DAX, but this looks like a good support given volume and bar, IMO.

http://screencast.com/t/bmDclYdTWLD

 

[gmst]

long 40.75, target 45.5, stop 38.5

 

[gmst]

Quote from gmst:

long 40.75, target 45.5, stop 38.5

out 42.5....chickened out with all the selling witnessed in europe, even though it might have been a very low risk entry and ES might have run up to original target of 45.5