ES Journal Archive (2011)

Discussion in 'Journals' started by Buy1Sell2, Jan 3, 2011.

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  1. do u have any sort of a strategy or are u just discretionarily buying and selling :/ . Doesn't seem to be working out all that well. No offense. Just an observation.

    If you shorted at 1320, u'd have a 1 point risk, and 3 point reward. Now you have a 2 point risk and 2 point reward. On top of that, now you're short in a congestion area where anything can happen.
     
    #1311     Feb 8, 2011
  2. Tightened stop as I lost conviction and got out @ 1320,50. -1,5.
     
    #1312     Feb 8, 2011
  3. I flip coins :)

    And I did try to get a fill @ 1320 first.

    It does not look like a congestion area on my charts.
     
    #1313     Feb 8, 2011
  4. nickdes

    nickdes

     
    #1314     Feb 8, 2011
  5. ammo

    ammo

    spx ......LF,congestion area
     
    #1315     Feb 8, 2011
  6. volente_00

    volente_00

    . Higher highs, higher lows, = high risk shorting
     
    #1316     Feb 8, 2011
  7. Pekelo

    Pekelo

    Certain patterns/indicators don't seem to work anymore. Like the H&S and RSI divergences. There is this relentless upward pressure, and anything else doesn't matter....

    The NDX had a triple top with lower and lower RSI, didn't even flinch just keeps going higher...

    Edit: I guess the NDX did drop 20+ pts on the 3rd but recovered on the same day...
     
    #1317     Feb 8, 2011
  8. ammo

    ammo

    sh 1310,ad 1321,will cover ad on close
     
    #1318     Feb 8, 2011
  9. ammo

    ammo

    djt diamond,courtesy of a guy on slope(horseman8)
     
    #1319     Feb 8, 2011
  10. NoDoji

    NoDoji

    LF, you can't just flip ANY coin, it has to be a magic coin :p
     
    #1320     Feb 8, 2011
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