ES Journal Archive (2006 - 2008)

Discussion in 'Journals' started by Buy1Sell2, Mar 2, 2006.

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  1. Updated chart:
    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1687460>
     
    #24341     Nov 21, 2007
  2. It is OK to think--to make projections based on likely resistance and support levels. But sometimes those targets are not to be, and then it is time to stop thinking and start acting based on what you see.
     
    #24342     Nov 21, 2007
  3. Taking a pause that refreshes here, recharging the phasers for another assault on the resistance zone (27.75-28.75).

    Broke it! :)

    Zone now becomes support, raising stop.
     
    #24343     Nov 21, 2007
  4. Quite true. As I said earlier, my plan is to dump half of my position at 2950...if it ever gets that high.

    As I was typing, I got filled. :)
     
    #24344     Nov 21, 2007
  5. I hope you're right, but it could also fall down to 26-ish IMHO.
     
    #24345     Nov 21, 2007
  6. Ran out of gas. Stopped out at 1426.75 (from 1421.75) for +5. Now flat.
     
    #24346     Nov 21, 2007
  7. Doubling up @ 2650
     
    #24347     Nov 21, 2007
  8. If we can flex our way above 30 here then sky's clear up to 35-ish. Otherwise, we could end up with a double-top.
     
    #24348     Nov 21, 2007
  9. !!

    What's your stop?
     
    #24349     Nov 21, 2007
  10. Short here from 1427.75, small, close stop.
     
    #24350     Nov 21, 2007
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