ES Journal Archive (2006 - 2008)

There may be potential brewing for bounces intraday anyday. However, my style is longer term and so I remain short until such a proper signal arrives to indicate that I should cover.

 

Traded long overnight for nice profits.

Expecting more selling now though.

 

gap fill and then a T day spanking

 

Let's not post after the fact trading--Thanks.
Also, why do you expect more selling now? Thank you--

 

T days boys whipping the shorts early

 

Out GOOG and BIDU at 640 and 319 respectively. No ES position.

 

You posted some good trades yesterday. I've sent you a PM.

Good luck today everyone.

 

There is one major difference-- The first time was a small position and my main position was the NQ which I took a nice profit on. This time I have full position in the short ES>

 

--------------------------------------------------------------------------

I used to think that too until I got badly hurt twice with huge spikes. I would be sat there happily trading then out of nowhere this spike would take me out of my stoploss, at one point it was 8 points. Ooch.. it hurt. Never again I will trade AH.
Good luck to you folks, do what works best for you.

 

Any intraday trade has a potential to be spiked out whether in AH or RTH. "Spikeouts" are much less likely when setting your stops on outraday charts.