ES Journal Archive (2006 - 2008)

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

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  1. Pekelo

    Pekelo

    I think you are right with the direction just too tight SL...

    Edit: Target reached...
     
    #46411     Oct 22, 2008
  2. Buy1Sell2

    Buy1Sell2

    Not certain why 6 ir greater than 5 and I didn't check your math here, but don't forget about the rest of the portfolio. The idea is not blow out the trader. The trading account is a fluid number. Money is transferred in and out of the account to keep it at 20 percent of TLNW. TLNW will never blow up. That is the key. That IS the trader.
     
    #46412     Oct 22, 2008
  3. stop was a typo, but for journal integrity purposes it stands. I have the typing and spelling skills of a 1st grader, sorry!

    27 and 36 are targeted for upmove here. 36 may be a tough nut.


     
    #46413     Oct 22, 2008
  4. :mad: :mad: :mad:
     
    #46414     Oct 22, 2008
  5. Pekelo

    Pekelo

    The first was right on target, how did you get them?
     
    #46415     Oct 22, 2008
  6. Darn, another 1.5 pts on your stop and you would have made it through 27.
     
    #46416     Oct 22, 2008
  7. Kovacs

    Kovacs

    Nice call on the 1/2 position exit. Thanks.
     
    #46417     Oct 22, 2008
  8. On the large time frame I'm seeing a consolidation wedge... usually a continuation pattern. I was hoping to see the market get above 1100 to position short for a move below the lows but its questionable we'll get there.

    I'll be getting short near the top of the descending trendline of the consolidation wedge with a small stop. If it goes higher, then great, I'll be able to try again with a better basis. Either way we'll be making new lows.
     
    #46418     Oct 22, 2008
  9. The inability to fill the gap yesterday to the upside + close below 60 = daily level continuation.

    Most intraday divergence rallies will stop short at the lowest target.

    Unluckily, we are hearing government (Japan) intervention again.
     
    #46419     Oct 22, 2008
  10. but thats no different than the U.S. interventions right?
     
    #46420     Oct 22, 2008
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