The ER2 Trading Journal

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

  1. Most indicators point to go down, but the price is hanging on near HOD and above major MAs. Should be very interesting. Someone has to give up. Either long or short.
     
    #471     Dec 6, 2005
  2. ozzy

    ozzy

    I waited one fucking hour for that puke. Die you SOB ER2.

    P.S cover here 689.
     
    #472     Dec 6, 2005
  3. 688.4 is the bottom in the morning.
     
    #473     Dec 6, 2005
  4. short on this pop up.
     
    #474     Dec 6, 2005
  5. ozzy

    ozzy

    Careful.

    I would not be suprised if it snapped back to close at ORH (60M HIGH). I made my 10 points today time to reduce risk.

    P.S I would wait for a good signal ie 1-2-3. Instead of trying to nail every single move.
     
    #475     Dec 6, 2005
  6. Covered here 687.20
     
    #476     Dec 6, 2005
  7. ozzy

    ozzy

    Nice. Congrats.
     
    #477     Dec 6, 2005
  8. Play a long here 687.3 with a tight stop at 686.90
     
    #478     Dec 6, 2005
  9. Out half 688.20
     
    #479     Dec 6, 2005
  10. I used the 75 tick chart to play this, missed the first chance to selll at 688.20, almost stopped out at 686.90, won't miss the second chance to sell.

    The long-term MACD (two green lines) really helped me to stay in the position.
     
    #480     Dec 6, 2005