ES Journal Archive (2011)

Even though the 15min is peaking out the 1hour is still long. I dont trade the night for a few reasons but still I would be worried about a short in right here. But, 70 is probably better. Getting that much movement out of this overnight is improbable. You could get a down move tomorrow to your BE.

I just hate moving my stop. inevitably it still gets hit but now at 2-3 times the loss the initial stop would have.

 

Can't argue with your point. Widening stops after placement is against most rules.

 

08-03-11 07:43 AM
08-02-11 08:38 AM
08-01-11 10:12 AM
07-28-11 07:11 PM
07-26-11 08:42 AM
07-20-11 07:23 AM
07-14-11 06:19 PM
07-11-11 08:29 AM
07-08-11 07:51 AM
06-30-11 09:47 AM

Currently short the Sep ES contract at 1314.50. Stop is 1372.50 6/30/11.
--Maintaining short here. Stop remains the same.7/8/11.
--Maintaining short here 7/11/11. Stop remains the same
--Maintaining short here 7/14/11. Stop remains the same (outside the noise)
--Maintaining short here 7/20/11. Stop remains the same
--Stop remains the same 7/26/11
--Stop continues here 7/28/11
--Don't see a reason yet to change stop 8/01/11. Staying short
--Will be looking very soon to lower the protective buy stop. Keeping it the same today however. 8/02/11.
--Staying short here with the same stop. 8/03/11.
--Stop lowered to 1361.75 8/03/11

 

Phew!! That was an exhausting trade! Out of 3 at 1262.5 for a loss of of -4.4 Targeting 1272.5 on the rest now.

Looking to add 3 more at 1226.75. Cancelled the 1215.5 order. Stop on remainder of position still at 1195 at the moment.

 

Geez.....for me that is not even a stop. It is soo far away. Is there any reason why it is not closer to 1312.

 

DEMTDAYBOYZ are spanking us

 

LOL. 30 point swings two 24 hour periods in a row, easy to get spanked!:eek:

 

added to my shorts avg is 59.5


moving stop to 76 outside of the noise



averaging is for losers


blah


blah


blah

 

You tell them volente. The naysayers typically do not possess the proper knowledge of dynamic scaling and averaging.

 

That was probably a good average. I have seen some poor averaging but this one is putting you in a better position than you were instead of a worse one.

My charts look biased like....

15min Very short
1hour Almost short
Daily Still short but.....any time now