There is another ES Journal for that purpose. From the 1285.25 high in the morning, the afternoon low was 1276.25, 9 points, well, almost... Overnight short entry is 1286.25, the long is 1274.5...
That journal is a joke. too many opinions and very little entries!there are very few real trades that go on their. But i guess if you insist I will just limit my entries here to R10 trades.
how many 6 point retracements happened on this trend move ? Notice what the ma's show red above and parallel to blue for 7 hours without a cross. Maybe this pm I got will clear the ma confusion up. "I think I understand how you use the 9 & 18 crossovers. If there are many crossovers, then its a chop day. If there are few then its a trend day. You would then stay away from going against trends and if you catch a r10 in a retracement, trail the stop and hope to catch a big move (+20 to +30) "
Or enter trades that coincides with R10 signals Not a bad day overall, but I didn't *feel* it, so no trades. Heck, wondering if I should wait till after labor day too. Btw are we using the absolute high/low or the ones at close? My high shows 1285.25 @ 12:45-1:00pm and 1276.25 low @ 3:45-4:00 Also, if there's another lower reaction high (1283 @ 4:00-4:15), it invalidates the previous, higher, reaction high? (and vice-versa for the lows)
No worries, I consider it everyones journal. I just wanted to start a journal for discussion on R10 and different ways to trade it. Its been interesting so far. I would be curious on how your trades are going, ie like winning percentage and avg profit per contract. I plan on posting the same. I'll be posting more on Tuesday when I go live in my backup account, InfinityAT.
I don't mind go ahead for now. If it gets to be too much, we may as a board collectively to not allow it. I post my trades on ES journal when I can but I trade a lot of markets that sometimes I'm too busy to post. Here, I will only be posting R10 trades and any I miss or can't call live will be shown on my statement screenshot (which is also why I'm using my backup account / a clean account).
Hey Jagmot, I would not be worried about missing any live calls on this thread...your first proirity is to your trading account and activity ...everything else is a distant second... I think we,collectively, have good handle on the expected trade and it is likely it will be posted in advance as we are doing now...should it differ from your expectations then you can comment at your convenience. NiN
Thanks! In terms of my entries I generally only trade between 10:00am to 12:00pm most of the time. Most of my trades are very similar to the R10 anyway.