ES Journal Archive (2011)

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

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  1. Scratched for plus 1 tick.

    +4 ticks for the day... very choppy and a lot of scratches on my end, just not confident today.

    Got out because of deep pullback.
     
    #5281     May 23, 2011
  2. Trying one more time

    Long 1317.75

    Stop 1316

    Target Highs
     
    #5282     May 23, 2011
  3. Took it at 1319.25 PHEW.
     
    #5283     May 23, 2011
  4. What does that really mean?

    I've noticed that you don't seem to have specific targets. Or is it just that you don't write them here?

    IMO, you should always plan your target in advance, not just your stop. If not, you may simply be hoping that price moves in your favour since you're not having a clear idea of where it's going.
     
    #5284     May 23, 2011
  5. When I say highs or lows, it basically means, when the market gets around the high or low, I will re-evaluate and see if it has enough power to break highs, or reverse.

    In this case, I felt that the market was weak as the leg up was pretty large.

    So although there is no specific price I get, it is in my plan to manage the trade to see if I could save or gain an extra tick every time ;)
     
    #5285     May 23, 2011
  6. BSAM

    BSAM

    Bad market today. Bad market.
     
    #5286     May 23, 2011
  7. Really?. Excellent liquidity at stable price. You could buy or sell the universe at the POC today. Almost a dream.
     
    #5287     May 23, 2011
  8. emg

    emg

    Hola Amigos! Cancel my long 1298.00. No es trade, no mojitos. Time for pepsi.
     
    #5288     May 23, 2011
  9. BSAM

    BSAM

    I knew these folks would show up.

    You're a certified genius, right?
     
    #5289     May 23, 2011
  10. DanS

    DanS

    What is POC?
     
    #5290     May 23, 2011
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