S/R Emini Journal

[romik]

Quote from 4re:

Good Deal Bro,
I re-entered short at 76.50 and got my 2 points on it. So I made back yesterdays losses by 9:45. I am done for the day

Even if it breaks your R level?

 

[4re]

Quote from romik:

Even if it breaks your R level?

That was my thinking when I placed the second trade. I knew I had to 73 in that channel. If it does break 73 could be a good down day.

 

[JimmyJam]

Quote from volente_00:

1277 area looks like decent support going back.

I'm in at 1277.25

by "in" i'm assuming you're long?

if so you're tak'in a gut check ... for the record 1274 is S3 using classic pivots (i think they suck, but lots of traders use'em, so ...) it might hold, and of course, i'm hop'in not.

 

[romik]

Quote from JimmyJam:

by "in" i'm assuming you're long?

if so you're tak'in a gut check ... for the record 1274 is S3 using classic pivots (i think they suck, but lots of traders use'em, so ...) it might hold, and of course, i'm hop'in not.

i don't see it holding

btw, i got 73.50 as s3, anybody else?

 

[boro45]

Man, it's about time we got a nice trend to ride. That was great.

MDT, hope you were in on the slide during the first 30 minutes.

Now if only I could replicate this everyday!

 

[JimmyJam]

Quote from romik:

i don't see it holding

btw, i got 73.50 as s3, anybody else?

well, yeah bro, i round'em (it's all they're good, for generic stuff).

support's gonna be coming in soon so i'll be bail'in in few.

 

[romik]

70.50 is next S on daily

 

[bighitter1]

Nice trade volente. If the market skied you'd still be long but i bet since it went against you you had a nice tight stop. LOl this is net land

 

[MiniDowTrader]

Quote from boro45:

Man, it's about time we got a nice trend to ride. That was great.

MDT, hope you were in on the slide during the first 30 minutes.

Now if only I could replicate this everyday!

Hey boro.

Sad to say, but my dumb-a$$ missed the whole move. I limit myself to RTH so I sat on my hands until the open. Then I whiffed on the setup and didn't get a fill when the train pulled out of the station!

Wow. It's been a tough past week for me. Haven't lost much, except the one max loss day, but seem to be missing the setups...and man, I hate to chase the moves!

Hope everyone else is raking it in....sounds like you are!


MiniDowTrader

 

[JimmyJam]

Quote from 4re:

Good Deal Bro,
I re-entered short at 76.50 and got my 2 points on it. So I made back yesterdays losses by 9:45. I am done for the day

You need an exception clause for "crappy range days" (call it "shot'in for *3@!#").

Out at 10 on 2 (total, hey, that's big pimp'in for me - at least for the now).

Here comes the reversal, so i gotta hang in there.

Hasta la vista.

P.S. This actually leads me to an honest question. while i can hold overnight, i cannot initiate new positions until the market opens. how do you guys initiate post/pre open positions in the market?

the reason i ask is that i use setups as part of my criteria for entering a trade, and sometimes they'll take place late nite/early morning.

thanks, Jimmy