No registration required! (Why?)

ES short term trading 2-23-11


Long time followers probably remember this ,as i am a student of history!...
Click image for original size
fef61a5100d2f5dc47ef4230be0ff982
bought one at 1310.00, buying one more here at 1308.00...then im outta bullets!
long 2 avg price is 1309.00, stop at 1307.00.. cause i dont want to see another new low!.. risking 4 handles
stopped out!..thats it for me.. having an off day today...
1306.25 I would buy 16 contracts I have 1.618 from morning and Support Line 1
Click image for original size
1240
Please don't post contract size unless there is a specific reasoning for an adjusted position sizing. Then just use percentages, like 50% or 1/3 normal contract size and list your reasoning for taking more or less position size. It just looks like you're trying to show off how many contracts you're trading and pretty childish.


Originally posted by johnpr2010

1306.25 I would buy 16 contracts I have 1.618 from morning and Support Line 1
Whats up with 16 contracts? lol Is that your lucky number?
Originally posted by DRob

Please don't post contract size unless there is a specific reasoning for an adjusted position sizing. Then just use percentages, like 50% or 1/3 normal contract size and list your reasoning for taking more or less position size. It just looks like you're trying to show off how many contracts you're trading and pretty childish.


Originally posted by johnpr2010

1306.25 I would buy 16 contracts I have 1.618 from morning and Support Line 1



...and you got hammered.
current price 1306.. looks like a dead cat bounce from 1301 on a 60min chart LOL. tomorrow will hoepfully be a better day.
Click image for original size
dead cat