5min/1h TrendFollowing on ESTX50, SMI, & GBL

Discussion in 'Journals' started by KS96, Aug 23, 2006.

  1. KS96

    KS96

    ESTX50 out @ 3825, +1 pt.
     
    #41     Aug 28, 2006
  2. KS96

    KS96

    GBL exited long 1 @ 117.98, +6 pts.
    (I am reducing the overnight risk)
     
    #42     Aug 28, 2006
  3. KS96

    KS96

    Trades closed on Mon 28/Aug/06:
    ---------------------------------
    ESTX50: -1 pts, 3 RT.
    SMI: +38 pts, 1 RT.
    GBL: +6 pts, 1 RT.

    Sleeping overnight:
    -------------------
    1 GBL long from 117.92
     
    #43     Aug 28, 2006
  4. KS96

    KS96

    Goodmorning.

    ESTX50 entered short 1 @ 3819
     
    #44     Aug 29, 2006
  5. risk -20 pts and reward +25 pts...then you´ll need luck ;)
     
    #45     Aug 29, 2006
  6. KS96

    KS96

    GBL entered long 1 @ 117.92
     
    #46     Aug 29, 2006
  7. KS96

    KS96

    Well... I am trend-following, not using profit targets. So, the problem is that you can't really know where the trend will end. This one went only +25 pts. I can't help it :)
     
    #47     Aug 29, 2006
  8. KS96

    KS96

    GBL stopped out 1 @ 117.83, -9 pts.
    Still hold 1 long.
     
    #48     Aug 29, 2006
  9. KS96

    KS96

    GBL stopped out @ 117.79, -13 pts.
    Seems like we are entering a downwards correction phase...
     
    #49     Aug 29, 2006
  10. KS96

    KS96

    GBL short 1 @ 117.83
     
    #50     Aug 29, 2006