S/R Emini Journal

Discussion in 'Journals' started by 4re, May 15, 2006.

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  1. Just above the swing high made at 1557 EST. At least that's where I'm getting it.
     
    #251     May 24, 2006
  2. 4re

    4re

    You probably won't see it. I was mainly basing it from the sell off yesterday and a channel I saw 2 or 3 days ago.

    Hope you got into it anyay...I already played it.
     
    #252     May 24, 2006
  3. 4re

    4re

    Went long 1261.50 and covered at 1264.50 25% of my account. Done for the day.

    Yahoo another day in paradise:D
     
    #253     May 24, 2006
  4. I see what you mean. Which helps explain why the swing high and previous swing low (@1548) occurred where they did.
     
    #254     May 24, 2006
  5. saico

    saico

    Didnt it go down by 2.5 before reaching the target?

    Saico
     
    #255     May 24, 2006
  6. But first run through 1261.5 dropped back and hit -2.0 stop? The second run through 1261.5 made it. Right?
     
    #256     May 24, 2006
  7. jrlvnv

    jrlvnv

    you did better then me. first time we hit market was moving fast and it went to 1262.50 and came down really fast and stopped me out for 2 points. Entered again at 61.50 then then news came out. Market popped up and hit my 2 point gain but didn't fill.... i moved my stop to BE and was stopped out only to watch the move go go go go go. Very fast action
     
    #257     May 24, 2006
  8. hpeganz

    hpeganz

    4re,

    What was your stop? > 1 point?

    25 % of your account? Do you mean 25 % margin of your account or 25 % risk according to your stop??

    Best regards, Helmut
     
    #258     May 24, 2006
  9. 4re

    4re

    That and they were gunning for trend line at 1265. They bounced it off of it.
     
    #259     May 24, 2006
  10. Tried to SHORT at 1255.50 early morn breach of Resistance, stop got hit -2, oh well, you can't win all of'em (or at least, I can't) :eek:

    Jimmy

    P.S. That's OK. Learning a lot from working with you 4re, you've got an eye for which is pretty well developed!
     
    #260     May 24, 2006
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