The ER2 Trading Journal

Discussion in 'Journals' started by trade_4_living, Nov 9, 2005.

  1. Here we go again, the 2:00 PM rally is about to start.


     
    #351     Nov 18, 2005
  2. Sell suggestion was issued about 3 minutes ago over 673, see where it bottoms.
     
    #352     Nov 18, 2005
  3. what is it based on?
     
    #353     Nov 18, 2005
  4. Based on support/resistence. fib retracements, it has a buy suggestion at 671.9.

    I would look at more other factors too.
     
    #354     Nov 18, 2005
  5. Sell suggestion was made at 672.9, I think it made some good calls, however, it is better to do the buy or sell through automatic system rather than manually send the buy/sell orders. Making 5 or 7 ticks is not a problem.
     
    #355     Nov 18, 2005
  6. ok..yes it was a good short-term signal..
    also NQ gave in dragging everything down..NQ seems to be bottoming .. we'll see.
     
    #356     Nov 18, 2005
  7. ES and YM are strong, NQ/ER2 are weak.
     
    #357     Nov 18, 2005
  8. yes i also noticed towards the end strengths switched from er2 to ES..it could just be "them" playing the settlement -- overall, as er2 came up towards the AM high and closed OK, i will remain with the view that there is more upside.
     
    #358     Nov 18, 2005
  9. er2 -675.6 s-7 t26
     
    #359     Nov 21, 2005
  10. er +674.10 s-7 t15
     
    #360     Nov 21, 2005