What did you have in mind ?
S/R Emini Journal
- Thread starter 4re
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What did you have in mind ?
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Option 1:
Sell the retracement, basic enough.
Option 2:
Buy the reversal if the internals shape up and the reason for the gap down - or window as the japanese call them proves to be short lived, assuming it was valid at all (this is summer trading folks, it's all head-fakes).
Option 3:
Short at:
Short 1279.50
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Best,
Jimmy
sold half at 1278
option 1 As long as the retracement is not the start of a gap fill.
option 2 By then we will have moved up and you will be chasing price.
option 3 You perma bear !
Quote from volente_00:
option 1 As long as the retracement is not the start of a gap fill.
option 2 By then we will have moved up and you will be chasing price.
option 3 You perma bear !
Option 1 - well, duh!
Option 2 - not according to my indicators
.Option 3 - I actually was introduced to futes trading by a perma bear, right as W was taking office and we got set for a major bull run ..., so nah bro, I'm not a permabear, I just trade me system.
Quote from JimmyJam:
So long as the system has more winners than losers it can deliver good results ... but it's when this happens:
... and then you dissapper for the rest of the day after the trade gets totaled, then well, people do kinda wonder.
With a server placed stop and exit order I could fly to Tahiti and would either stop out or make money.
You can either assume I followed my rules and my stop was hit, or you can assume I am still holding or you can assume I sold at 1287.50 yesterday on the rule of 10 move. To make you happy I will post my 2 point stop rule every time with each trade.
Tell us how you really feel !
Sold the rest at 1279.50.
Get your short if you dare.
Get your short if you dare.
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