ES Journal Archive (2011)

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

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  1. Will be testing Swing strategy on 30 Min chart (Intraday Movements).

    Short trade forming. Long trade did not trigger.

    Will confirm bar close of 30 min chart.

    Take profit levels are 1258 and 1254 (will update if it changes at time of entry based on market range)

    Will post stop and entry @ 1300 Chicago time. If triggered
     
    #6441     Jun 16, 2011
  2. volente_00

    volente_00

    LOL first your excuse was you were brushing your teeth and now you are saying it is my fault you don't post your entries real time? I can't wait to see what nonsense you come up with next
     
    #6442     Jun 16, 2011
  3. Triggered @1258

    Stop @1267

    TP 1 @ 1257
    TP 2 @ 1254 (Or will ride if steam)
    Exit Strategy is in places

    1% risk while testing 30 min chart
     
    #6443     Jun 16, 2011
  4. Lower TL of Megaphone
     
    #6444     Jun 16, 2011
  5. BGT 5775 Target 6050

    Will ADD, if necessary


    NiN
     
    #6445     Jun 16, 2011
  6. Vol your never let anything rest or are we just trying to get the last word. Its been over a week and you still talk about it. I said just let the market decide I never said it was your fault. I said I was about to but started replying to you. That is my fault for losing focus, I do not play the blame game. If I lose I do not blame wallstreet day trader boyz or hedge funds I am the one that lost.

    its not like I win ever single trade I take I was just posting a swing 22 min after entry that I held 6 days and closed today and I been hit with day trading arguments.

    I just posted a trade in real time. It is in the direction of the 30 min chart trend/cycle whether it wins or loses is up to the market.
     
    #6446     Jun 16, 2011
  7. volente_00

    volente_00

    just curious why you chase price? My strategy involves fading 10 point moves and your's seems to be the opposite.
     
    #6447     Jun 16, 2011
  8. there are lots of different strategies and not anyone is better than any other.

    Sincerly this strategy is a swing momentum trend strategy. So the market has to build up strength and go into a mini trend inorder for it to trigger.

    For example on the daily chart the market came down from a high of 1347 but I was not triggered until it moved 26 points to 1321 where I entered and the market made a low of 1253.50 but the market had to go from 1347 to 1321 before it was triggered then it moved 70 more points in a trend.

    This is one of many strategies I created and use just to name a few types

    Cycle Reversals, Major Fundamental Changes, Momentum Burst, Pattern Breakouts, Pullbacks, Support and Resistance, and Trends

    Bill Williams has what he calls a chaos strategy he used to become very profitable in the Forex market. I could never get my mind around it even though the math was correct he used alligator analogues but it worked. There are so many ways to look at the market and I never down play anyone strategy as long as it works instead I look to see how they see the market for further insight especially if they have something good.
     
    #6448     Jun 16, 2011
  9. Will let the forum know if I exit or keep second target for long ride. First target hit.

    1st target is the tick/scalp level
    2nd target is the trade level
    3rd target is the trend level (no 3rd target on 30 min chart during test)
    4th target is the triumph level (no 4th target on 30 min chart during test)
     
    #6449     Jun 16, 2011
  10. Got stopped.

    Will try at 50 even Market if Touched with a 10 point stop.

    FoN
     
    #6450     Jun 16, 2011
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