Daytrading breakouts in the ES

Discussion in 'Index Futures' started by smitty, Jun 19, 2003.

  1.  
    #41     Jun 23, 2003
  2. dbphoenix

    dbphoenix

    You have at least five minutes to set up your order. If you don't know where to enter, you'll have to provide chart examples.
     
    #42     Jun 23, 2003
  3. Warning,this is a 3min. chart.maybe I need to take it somewhere else?I think the idea is the same.
    1. marks the line in the sand.
    11. marks the h/h, h/l.The bar that followed this(inside bar)showed no intent to go up.At the close of inside bar, enter and send order for short.
    111.Too late, price is gone

    sulong
     
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    #43     Jun 23, 2003
  4. dbphoenix

    dbphoenix



    I'm afraid I still don't understand. As soon as you have a higher high/higher low, you know what price you're going to be entering at, in this case, 15. So go ahead and transmit the stop-limit entry. Why wait?
     
    #44     Jun 23, 2003
  5.  
    #45     Jun 23, 2003