ES Journal - 2012

Discussion in 'Journals' started by Buy1Sell2, Jan 1, 2012.

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  1. I have experienced obvious (looking) setups while viewing ES in a fish bowl. After the fact review of the trade (violent move opposite the trade) would reveal big warning flags in other markets or other time frames. Those were some early lessons.

    Again, my caution is overloading data which causes indecision for legit signals. There is a balance in there somewhere.
     
    #341     Jan 5, 2012
  2. S 69.5 tgt 65 stop 73
     
    #342     Jan 5, 2012
  3. fade this europe close
     
    #343     Jan 5, 2012
  4. out 69.00 too much upside risk.
     
    #344     Jan 5, 2012
  5. I hope you are right for your short trade sucess, but I see 73-75 now.
     
    #345     Jan 5, 2012
  6. comp and finnies leading the charge. stuck at pivot. little short scalps all around....but that volume is a bit spooky. :)
     
    #346     Jan 5, 2012
  7. L 70 stop 67 tgt 74

    may flex stop
     
    #347     Jan 5, 2012
  8. fade all the way back to 62, 52, ...
     
    #348     Jan 5, 2012
  9. gmst

    gmst

    Satchel,

    We had 3 attempts at 62 (as you said), and 11am bottom was higher than 10am bottom. We broke the morning high and have created fresh highs. It is not exactly V shaped, but somewhat similar (you were talking about it yesterday).

    So, in light of above evidence, why still short ? Are all the above evidences not enough to negate your original short signal ?

    Curious to what you think. Thanks like always :)
     
    #349     Jan 5, 2012
  10. gmst

    gmst

    seems CL is either pausing here or forming a double top - FWIW
     
    #350     Jan 5, 2012
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