S/R Emini Journal

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

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  1. 4re

    4re

    BOUT DAMN TIME!!! I got my 2 points and I am out. Finally get to pay off those steaks.
     
    #4731     Sep 12, 2006
  2. Patricio

    Patricio

    Nice one Gary.
     
    #4732     Sep 12, 2006
  3. 4re

    4re

    Thank you, I was hoping the breakout of that pennant would give me my 2 points.

    Now to tell the truth. Going 7 days trading days without a trade was starting to work on my psyche. I had to keep telling myself I was right not to trade. So I was needing this one.
     
    #4733     Sep 12, 2006
  4. Patricio

    Patricio

    Actually, I learnt a valuable lesson here. As I said before, I scalp based on various scenarios. My method does not like trending markets so I may get hit 2 or 3 times in a row. I did not take the short at 1314.5 based upon your theory and the fact that the 3rd run at a resistance is usually broken. You saved me a couple of losses, thanks!
     
    #4734     Sep 12, 2006
  5. volente_00

    volente_00

    rule of 10 anyone ?
     
    #4735     Sep 12, 2006
  6. 4re

    4re

    Then we both made out alright. That is what it is all about...:)

    I have an order to go long at 1318 right now based on a breakout of this flag. It is a half order and will just scalp it. MO for exit.
     
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    #4736     Sep 12, 2006
  7. volente_00

    volente_00


    what happened to 2 points and done for the day ?

    :p
     
    #4737     Sep 12, 2006
  8. 4re

    4re

    Might still be the case as I am not in yet. And I don't have a lot longer to sit and wait.
     
    #4738     Sep 12, 2006
  9. TGM

    TGM

    LOL. No one can abide by that rule. That is like the person who says "I am just going to eat 2 potato chips"


    never going to work
     
    #4739     Sep 12, 2006
  10. 4re

    4re

    I do pretty good at it when the market gives it to me constantly. When the market slows like it has I figured I owe it myself to make a few extra bucks if opportunity arise.
     
    #4740     Sep 12, 2006
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