S/R Emini Journal

[volente_00]

I do not have a physical stop on this swing due to the small size.
I usually do not trade large size on swings because I would rather trade intraday with lower margins and less risk.

 

[hpeganz]

Quote from volente_00:

I do not have a physical stop on this swing due to the small size.
I usually do not trade large size on swings because I would rather trade intraday with lower margins and less risk.

Ok - but when will you give in - when Swing won´t work??

 

[yvberj]

I'm getting mixed signals this morn.
Short term 3 & 5 mn. seem flat to possible turn up, but 15 & 30 mn. seem to have topped and turned dn. While, hrly CCI shows positive diverge. Stoch is bottoming & shld. be turning up, MACD (hist) shows slight deverge. but imo not enough to hang your hat on yet. In the mean time daily is still pointing dn.

Now hows that for a positive insight? I hate this kind of scenario. For the moment I'll play the short term & try to pick up 1 & 2 pts. wherever possible, but I'm always open to suggestion and input.

Alex

 

[4re]

Quote from yvberj:

I'm getting mixed signals this morn.
Short term 3 & 5 mn. seem flat to possible turn up, but 15 & 30 mn. seem to have topped and turned dn. While, hrly CCI shows positive diverge. Stoch is bottoming & shld. be turning up, MACD (hist) shows slight deverge. but imo not enough to hang your hat on yet. In the mean time daily is still pointing dn.

Now hows that for a positive insight? I hate this kind of scenario. For the moment I'll play the short term & try to pick up 1 & 2 pts. wherever possible, but I'm always open to suggestion and input.

Alex

I would play the short term as well. I would be very careful holding any longs over the weekend just due to the Middle East stuff going on.


Have a good trading day,
Gary

 

[sportmatt37]

I think we'll have a moderate sized, low volume up day

 

[volente_00]

Quote from hpeganz:

Ok - but when will you give in - when Swing won´t work??

Perhaps I already sold at 1251 ?

 

[volente_00]

I show a buy signal at the 50% retracement around 1246.75.

 

[4re]

Quote from volente_00:

Perhaps I already sold at 1251 ?

I was thinking you would have already been out of this one. Good trade.

 

[volente_00]

Or you can sell now at 1251 in case you just woke up.


I just went flat.

 

[hpeganz]

Quote from volente_00:

Perhaps I already sold at 1251 ?

Yes, Atta boy - but again when would you have given in ??

Just like to learn