Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.
The key here for this trade to have legs, which is what we are looking for, is to clear 2266
Price currently 2264.50
I would think that there is a better than 50% chance that we get to 2271 today
Would like to get through 2266 on this push. Price currently 2265.25
bye! In leaving i must say he is not explaining his logic at all. Just posting long and short entries. From his original post i thought he wanted to learn intraday trading as he was apparently an overnight ..weeking..monthly.....trader....etc ...well that is a horse of a different color than intraday moves. You cannot use the same strategies. Peace. Adios amigos.
Here is where most folks get impatient and give up. Price doesn't move right away and their objective is not achieved instantaneously. I've got patience though and not many do. Patience is an important aspect of Prudent Risk Management. (PRM)
Still long here after that quick drop. Price currently 2264.00
Will come back and look at it a bit later. Price currently 2262.50. Stop remains 2255.00
Gotta go but could not resist...too much patience can cause $ losses in the ES. Good luck ...have fun...much more could have been made trading the ups and downs in this range today instead of sitting tight holding for some target based on some rule while the ES is handing over money right and left in this slow moving PA. Do you realize how many times you could have gone short and long in this range? Hurst describes the logic behind this.
Last time I checked b1s2 hasn't asked for advice from anybody.
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