ES Journal Archive (2011)

hoo rah bulls, nothing like sitting in a trade patiently for 3 hours - don't pay your broker, commish kills.

$__$

new high prints ES, YM, NQ

don't forget to sell and take a short home

p & l

 

What parameters are used for those who trade breakouts? What does the volume have to look like in order to signal a trade in the direction of the breakout?

 

out 1248

 

Still waiting.

 

short 48.25

tgt 43.5

stop 53

 

short 1248.50

 

Trvl, look at SPX 1254 now and 1257 (is that last year close, can't remember, but it's close) - that num will be psychologically interesting, maybe smash and grab. I have 1252 to 1254 on ES as peaks today.

 

my stop may flex near those areas.....not sure of the build up since we are low vol Christmas week.

 

stop hit....

 

dtx is not agreeing with the index pushes