ES Journal Archive (2011)

spy ledge edit broken

 

didn't even know you were here, stole your quote for good vibes

 

I'm trying to get away from 1 point stops, but in these trades, 6 ticks or so was all I really needed to find out if it would work or not. I'd rather be using 8 or 12 ticks, and going for 4-6 points or more, but sometimes you have to take what you can get, and I'd rather have 8 trades in a day netting 4 points, then 4 trades where I got a good 8 point winner, and then several stopouts and small losers.

 

c'mon wash out!

 

Gotta have tighter stops than your winners so you'll certainly beat 50%!

 

you seem to have a bullish bias which is ok but you have to limit your trading to half the time,sit on pullbacks

 

ES looking weak but Euro is strong. So, I am still keeping my long ES intact, but may get stopped out. If stopped will reverse and get short.

ES has been below 50% for more than 15min now.

 

comp breaking spt, dtx leading the slow grind down, indu still being painted....will likely slip. careful

 

out 53.50