The ER2 Trading Journal

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

  1. Futures contracts roll tomorrow at the open. Price bumps in anticipation of the many traders who will be paying vig to carry to the next period.

    Seeya
    Steve
     
    #511     Dec 7, 2005
  2. Thanks, I see. Just pulled out the level 2 and saw the bid ask is 684.50 x 684.7, almost wanted to go short :)
     
    #512     Dec 7, 2005
  3. So how's everyone's trading today? I entered and stopped out in this area at last ten times today (long and short). TA said it should go up (higher high), the price was at the bottom. But every time it was about to go and break that trading range, it pulled back very fast. I don't know how you guys scalp it when it was trading in this range, going short or long was hard to fill because it moved so fast. I don't like to play the choppy ranges like this, very hard to play without fast fingers, this 60 minutes was like in the hell for me today.
     
    #513     Dec 7, 2005
  4. One thing is for sure, these big boys certainly know how to get cheap shares and make big $, they played this game masterfully. Short it (artifically holded the price up like yesterday), tank it, load up, pump it up, then dump it. According to my observation of their actions, tomorrow could be an up day (pump and dump).
     
    #514     Dec 7, 2005
  5. tt1452

    tt1452

    hey trade_4

    Thanks for all the chart work you do during the day.

    Are you still considering moving to a chat room during the day?

    I would be interested.
    tt
     
    #515     Dec 7, 2005
  6. TT, I would love to move to a chat room, do you have any suggestions?
     
    #516     Dec 7, 2005
  7. #517     Dec 7, 2005
  8. tt1452

    tt1452

    I think that is a great idea. I don't know too much about endigns chat but I do know you can post your charts easily with just one keystroke.

    I don't know if it is free or fee based. This may depend on if it is a password room ...
    not sure

    I'll read a litttle about it tonight.
    t
     
    #518     Dec 7, 2005
  9. I made 30 trades in that time span, red sell/short and blue buy/cover.
     
    #519     Dec 7, 2005
  10. It is free. However, we have to find an open room. I see there is one called OPEN ROOM, maybe we could use it.

    You don't need to own Ensign to use it. Need to download this free software:

    http://www.ensignsoftware.com/ftp/EChat.exe
     
    #520     Dec 7, 2005