ES Journal Archive (2006 - 2008)

Can help on this one.

30 minute range no break out yet. top 70.75 bottom 55.25

 

exit all but 1 57, stop to be, target? 47, but can make a case for 36.

 

LC, thanks for the comments. I don't have real time charts.

did the cash index qualify?

newbie463

 

right shoulder in the works on cash


look out below

 

That you have to ask SS.

I use the first 30 min RTH data for the break out levels. Obviously SS watch that too.

 

Your first trade represented a potential loss of $14,000 for 1 contract which would represent $700,000 TLW--assuming your stated money managagement plan taking no more risk than 2% of TLW. Now you make a trade of 19 contracts with a potential loss of $10,262 per contract or $194,978 if you were stopped out on all the contracts. What's interesting is this later trade now represents a TNW of $9,748,900. So what happened to your magic formula of risking no more than 2% of TNW? In reading many of your past post you made it very very clear than one should NEVER risk more than 2% of TNW.
DMartin

 

Sorry for the misprint--should have been TNW (Total Net Worth)

DMartin

 

855.50 buy stop tgt 857

 

exit 47,

 

Gap filled. T-day crew hiding until afternoon?