ES Journal Archive (2011)

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Quote from FreakofNature:

He does not trade like that.

When he posts his entry selection, thats when he gets short or long, he does it without a stop, in the direction of his supposed entry.

When it goes the wrong way and cancels, thats when he takes a loss.

When it reaches his target and later claims 1 point profit, thats when he exited, at the supposed entry.

Other time he might exit green close to the target/entry if we didnt get there.

Doing the above is positive expectancy as Ive been doing it myself exactly as stated above. Took me a while to figure him out, but I did, thank you emg for taking the time.

FoN
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I'm a little confused, but think I got the picture. You'll have to fill me in on that some more! :)

I was assuming earlier, he went long on the big spike, then the collapse, and came out with one point.


I don't know if anyone remembers, but there was a movement in the last few minutes almost exactly like today about four weeks ago.
 
Quote from GordonTheGekko:

I'm a little confused, but think I got the picture. You'll have to fill me in on that some more! :)

I was assuming earlier, he went long on the big spike, then the collapse, and came out with one point.


I don't know if anyone remembers, but there was a movement in the last few minutes almost exactly like today about four weeks ago.
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I'll give you an example.

EMG: Looking to buy/short 1200

If price is above 1200 that means he shorted.

If price is below 1200 that means he got long.

His target is 1200 either way.

When cancels or claims +1 profit, he exited.

That's it.

FoN
 
It's an eye opener realizing that all this vola managed to yield a paltry 40 points for the week thus far. But then again, we can't forget that we moved some 110 points last week.
 
still in from 1228 H
set a disaster stop when this was about 1225 around midnight when I called it a night.

Looking to sell a mid-morning rally, 10 hrs from now.

pray, but nice and green pnl and I love how this shite gets moved in AH religiously.

:D

1242.75 now session high!
 
Buy ES on cash close & sell the cash open was a real winner tonight. Make up for the last two mostly flat opens.

Don't hesitate to buy ES on todats cash close, because we all know how the index futures open on Sunday night...GAP UP!
 
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