ES Journal Archive (2011)

[JoshDance]

Quote from satchel:


EDIT : just for you Josh

thanks buddy ;-)

Philly Fed in a few mins..

 

[RXIS]

Quote from RXIS:

ym 63

exit most at 75

1 ct still in, i'm thinking i should have left 2 but i fumbled the ball while i was clicking away..hehe

 

[JoshDance]

RXIS, maybe it's just me but it's confusing seeing YM mixed in here... maybe you could just post ES trades on this thread?

 

[RXIS]

im out 70

 

[RXIS]

Previous trade was long at 76-80 and I took a hard hit. I'm a little down after this 2nd trade.
Edit: normally i would have taken the sh on the return to MAs and thats what I should have done.

And now there goes up the price.

 

[fishing]

Quote from Macho:

Covered 121675

Edit : I figured fair value was 121050 when I placed trade.

how do you calculate fair value?

 

[Trvlwanderer]

s 17.75 stop at 25.5 tgt 07 (or less

 

[Trvlwanderer]

LOL.....sold into some buying I see!!

 

[JoshDance]

Quote from Macho:

Covered 121675

Edit : I figured fair value was 121050 when I placed trade.

nice trade btw Macho, can't get much better entry price than that

 

[Macho]

Quote from fishing:

how do you calculate fair value?

Took me awhile to find the "entry point" +/- 10 from fair value by using bonds activity. Bonds basically have to be +.4%/-.4% from opening value before calculations kick in.

Theoretically, the "over value" was 121650 but bonds did not give a price variance signal.