ES Journal Archive (2006 - 2008)

860 changes the view in very short term basis.

 

862 to HOD we may then retrace most of the move

862.5 PP

 

It doesn't matter. I have my stop in place. I will not make a decision prior to end of day. At that time, I will be able to see if the swing and/or super swing trends have reversed. I am not trading the short term charts. If I have a loss, it really isn't a big deal. I have controlled my loss and that's all I look at.

 

NDX turned green and go back negative.

Enough to signal exit for most day trading longs.

Not enough to stop the longer term intraday buyers to buy the hell out of the pull back.

 

out at @ 850 (profit target)

 

short @ 857

EDIT 847 type-o

 

I agree, last hour may be a bigger leg.

 

You are probably one of few traders here who have no Outcome Bias problem.

 

Better put a stop on there or your about to get a bunch of "trade disregarded"

 

sorry, my stop is 36 ticks