Trading ES, reverse trade based stops

[romik]

Long 2102.5 +11

Total: +101.75

Short 2099.25 -3.25

Total: +98.5(31w,47l,3b/e)

 

[Rajacar]

Today should be a down day

 

[romik]

Short 2099.25 -3.25

Total: +98.5(31w,47l,3b/e)

Long 2101.5 -2.25

Total: +96.25

 

[Rajacar]

If the midday Low today is Lower than the 1st hour Low, it suggests normal weakness and we see a last hour Lowest Low.

If the midday Low is higher than the 1st hour Low, it suggests strength and we will see a last hour Higher Low and higher High.

 

[romik]

Long 2101.5 -2.25

Total: +96.25

Short 2111 +9.5

Total: +105.75 (32w,48l,3b/e)

 

[trader_zone11]

Was this last short more a profit taking trade vs a reversal signal ? I don't think the 30min signaled a short there right ?

 

[romik]

Was this last short more a profit taking trade vs a reversal signal ? I don't think the 30min signaled a short there right ?

Reverse signal was generated on 30m futures chart (I am not looking at cash one).

 

[achilles28]

Reverse signal was generated on 30m futures chart (I am not looking at cash one).

Great thread, Romik....what time was the last short taken...?

 

[romik]

Short 2111 +9.5

Total: +105.75 (32w,48l,3b/e)

Long 2100.25 +10.75

Total: +116.5 (33w,48l, 3b/e)

 

[romik]

Long 2100.25 +10.75

Total: +116.5 (33w,48l, 3b/e)

Short 2097 -3.25

Total: +113.25