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sold 1 PS at ES1334


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#1 andiron

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Posted 25 July 2012 - 04:39 AM

~6 ES point profit... now still 1PS long (IT) from 1363... trade well folks.. i will be stopping posting my entries now as I get reactions and feelers that could have bad effects..i will still post otherwise... i may be starting a blog in future though for trade entries, exits....

Edited by andiron, 25 July 2012 - 04:40 AM.


#2 ogm

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Posted 25 July 2012 - 05:09 AM

Good trade. This is also a good short entry point, IMO as the 60 min chart bounced into the falling moving averages. Euro bounce is helping overnight, doubt it has lasting power once the actual market opens. As for stopping posting, you're overreacting, but if you shared your TA and methods along with entries and exits, I'm sure people would appreciate.

Edited by ogm, 25 July 2012 - 05:12 AM.


#3 andiron

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Posted 25 July 2012 - 07:50 AM

solid rejection of low 1320s... target now ~ES1370

#4 IndexTrader

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Posted 25 July 2012 - 08:05 AM

~6 ES point profit...

now still 1PS long (IT) from 1363...

trade well folks..

i will be stopping posting my entries now as I get reactions and feelers that could have bad effects..i will still post otherwise...

i may be starting a blog in future though for trade entries, exits....


I doubt you're getting any "reactions" that could have a worse effect on you than a large drawdown/loss. You ought to continue posting until you have dealt with this large drawdown, one way or the other. Certainly, you would have continued had it worked out otherwise and you could have taken a 5 point profit. It's remarkable how many times folks post on here until they have a loss.

IT

#5 andiron

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Posted 25 July 2012 - 08:06 AM

IT, still long on 1 PS (basis 1363) and it would be a winner..I guarantee you...

#6 IndexTrader

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Posted 25 July 2012 - 08:21 AM

IT, still long on 1 PS (basis 1363) and it would be a winner..I guarantee you...


I got that....and personally I hope you're right. Yesterday I got long at 1329.00, didn't get out on that late rally we had, and then after the AAPL earnings thought I was hosed. The age-old question of trading still stands...Would you rather be lucky than smart! Anyway, since you guarantee this trade of yours is going to be a winner, hang around to take the bows.

IT

#7 Geomean

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Posted 25 July 2012 - 08:24 AM

IT, still long on 1 PS (basis 1363) and it would be a winner..I guarantee you...


I like following your entries and exits. You've had a very good set of trades lately. This 1363 basis one is underwater, but may turn out fine. Bradley projects IT peak on 7/28.
Opportunity knocks on your door every day-answer it.