Pure Trading

Discussion in 'Journals' started by BigPaper, Jun 1, 2010.

  1. it's almost like a magnet eh
     
    #161     Jun 7, 2010
  2. 51 next?? :confused:
     
    #162     Jun 7, 2010
  3. TheMan

    TheMan

    nice analysis



    impressive to say the least
     
    #163     Jun 7, 2010
  4. Thanks , but only if it makes sense at all. You don't need to understand exactly what I'm doing because that wouldn't be possible at this point. I just don't need lagging indies or magical formulas to look at areas of possible s/r. I just use mkt generated data....it's just easier for me. It doesn't mean that it will be easy for anyone else.

    just got the tag of the 51.......

    I would just rather take the data I see and put it to use instead of using some type of math formula
     
    #164     Jun 7, 2010
  5. MPK

    MPK

    My 2 cents, 3 trades all shorts hope you don't mine the contribution like the journal.
     
    #165     Jun 7, 2010
  6. Not all my friend....I wish others would speak up a bit too. Feel like I'm talk'n to myself sometimes lol

    Shorts were the way to go but I just happen to trade it in either direction when the opportunity presents itself

    ... the first short u had was nice but I prefer to take the bull TL break and place my stop above the pivot hi

    ...same thing on the second trade.

    ...last trade was a beaty too...in the same 61-62 area I was focused on as well. we just have diff reasons.

    Great trading!! You took some nice points out of the mkt today
     
    #166     Jun 7, 2010
  7. ES.....Heavy vol in in pre mkt trading so far. 45-55 area is on my radar....51.5-52 in specific...for now. still have 38.5 ish in my sights if things get real bad...5/25 lows.

    46, 41.75, 35, 32 on the downside

    lots of areas to chop thru on the upside
     
    #167     Jun 8, 2010
  8. adding to my short at 54.25
     
    #168     Jun 8, 2010
  9. my first comment this AM that 45-55 was on my radar was a typo....I meant 49-55
     
    #169     Jun 8, 2010
  10. ES I missed a short at 49...10.25 bar on 1 min....no fill. took a short at 50 right in front of the open price. mostly in scalp mode for now. Had a few good short runs so far today. I will scalp and trail tight until the extremes are broken
     
    #170     Jun 8, 2010