ES Journal Archive (2006 - 2008)

and now --another short signal at the end of the 11.54 bar(12.06) at 1296.50.

 

Getting the third signal in a row to go long today.

 

Market in love with `1296.50 at the moment. For a short to work, that area needs to be broken.

 

My opinion is that it has to break 1295.25 level, I don't see no "love" here, minimum buyers.

 

Love may have been a strong word--It may have been infatuation.

 

Looks like there's more selling coming up

 

Do you add up to a position when you get several signals in a row or do you just reenter if a previous position is closed?

 

I never add up, i always take the full position at the first signal.

Had to close the long at 1194.75, couldn't go short because system reversed too soon.

Went short on signal at 1291.75 about 30 minutes ago.

 

B1S2,

Did your system generate a BUY signal around 13.10 ES approx. 1292?

 

system signalled long at the end of the 14.30 bar at 1289.00