ES Journal Archive (2006 - 2008)

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

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  1. romik

    romik

    Is that some sort of a hint there George?
     
    #941     Apr 21, 2006
  2. Buy1Sell2

    Buy1Sell2

    Thank you--this is the way that I want it and you guys have been very helpful in that regard. There is much more useful info that way as well.
     
    #942     Apr 21, 2006
  3. Buy1Sell2

    Buy1Sell2

    Thursday's positions were good

    First trade 1.75 pt loser
    second trade 5 pt winner ( 2 units under the adding system when PNL below zero) so profit of 10 points.
    3rd trade 3.25 pt winner
    4th trade .75 pt winner


    Setting a profit target of 10 points as I discussed earlier would have had the second trade as a 20 pt winner instead of 10 pts total. Today, I will add the 10 point profit target to the mix. I may need to make it smaller than that in the future, but I'll start there.
     
    #943     Apr 21, 2006
  4. Buy1Sell2

    Buy1Sell2

    I also thought there would be afternoon selloff. Perhaps afternoon movements are just smaller and should be avoided.
     
    #944     Apr 21, 2006
  5. ====================

    They do tend to be smaller, usually ;
    and related to that ,takes time for a big trend to develop.

    Derivative daytraders can usually find a worthwhile afternoon move/moves;
    especially with profit targets.

    Also its strange the way when any one mentions a better than average pattern like this , sometimes the day it gets mentioned ,
    opposite happens:D
     
    #945     Apr 21, 2006
  6. Buy1Sell2

    Buy1Sell2

    yes i agree although I am not certain that the opposite happened yesterday--it was just chop.
     
    #946     Apr 21, 2006
  7. ===============
    Yes ;
    & I still remember the day mentioned how seldom last half hour hardly ever makes nice moves.

    Next day, was a 2 or 3 point VERY beautiful orderly trend move last half hour;
    nothing quite like market to help keep humble.:D That's a notable move for last 30 minutes
     
    #947     Apr 21, 2006
  8. Buy1Sell2

    Buy1Sell2

    system generated a short signal here at 1321.25

    Stop will be at 1322.75 1pt over recent high--one unit--3 minute chart
     
    #948     Apr 21, 2006
  9. volente_00

    volente_00




    OE says we move down today.
     
    #949     Apr 21, 2006
  10. Buy1Sell2

    Buy1Sell2

    position stopped
     
    #950     Apr 21, 2006
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