Stopped out 45.75, +9.5. (edit) BB, I am using a 5pt stop. ESZ8 got to 40.75. It might just be ET clock is a little bit off, I remember there was discussion about it on ES journal. Current time is 1:30PM EST. Edit: yep, 3 min slow (better as I think it got up to 8 min or so)
There was another long entry (counting from the 12:25 spike) 1241 (U8) went 5 points in the money, still up 2 pts...
Nice job...I figured you got stopped around 4575...i was looking forward to get down to the mid 30's....would have been a nice runner for you...I have been watching your new method with interest..seems to play out well.
I saw that on the Z8 as well (slightly different levels) but we were still in the trade short. Sometimes is works to reverse (like today) and sometimes not (like yesterday afternoon). I like the trailing stop as it seems to cut down on overtrading.
BB, Did you (or anyone) catch a possible new short at 50.50 or 50.75 (Z8?). I decided to move up to 54 (from 44) and obviously didn't get filled, but the more aggressive trade also is working. SS - hope you see what I mean about being an aggressive vs. conservative trader...vs. being too subjective.
BB, Yep just wanted to make sure. Have a good weekend all. I'm not willing to hold over the weekend long or short so calling it a day. +325 gross 19.60 4 RT commissions of 4.80. Net +305.40
If you don't mind, can you give us some summaries of how the old/new strategies are working over time now that you have a few weeks under your belt.