ES 10-09-08


buying @ 998.5

stop 994.5

i think it goes to 1010 - 1015 and back to the lows.
Bought some calls, and the ES the ES at 961.25....avg on those calls is 3.65

EDIT long at 961.75 I don't think 50 cents matters any though...
never got filled at 961! had to chase at 962(long 2)
sold 2 @ 962.5 av
covering here 964.00
short 1 @ 966.00
wow covered @ 965.25 and again short 1 @ 967.75
LOL...LOD is sq nine 961, I love gann. bailed for 5 points
Isn't the LOD now
I just dont trust this up thrust ... thats why i covered so early .. i think we could take out 961, though not by much.
never mind .. too slow typing again!
quote:
Originally posted by koolblue

YEAH, Joe .. as i said i did! But i was sure it could be mastered and after using every system known at the time , i decided to be my own 'expert' and develop my own thing! been fine ever since!



Well said, You can hear it a million times but its whats needed...a system. I am counter trend trader most of the time so its a given that you'll draw down a fairly large amount at times. But my draw downs are smaller than my winners, and once losses occur I go smaller on contract size and then add back to it when things go back to normal. I don't need a new system I just wish I knew how to flip the counter trend trader off and turn on the trend trader in an instant.