josephli wrote:daytradingES wrote:10:09 AM 12/3/2015
sigh!
I must say I had a very high admiration on your system.
noticed the past tense "had"
oh well - my ship will come in soon.
Today I would have had to be 100% ready at open - which I wasn't.
Each day it is becoming more clear to me the bear has awoken.
I have little cash and must wait for everything to be right.
Now I'm just waiting for an downwards o/n with a bounce to its mid and then a little down from that.
The ideal would be a little peak just after the open and turn down.
The big ECB swing just before the open was less than ideal. It gave a "low pre out" signal which can be a warning depending on the price level.
as the ECB plunge was -20 points that is a lot of the energy (yesterdays range -28.25)
so o/n high 2095-28.25=2066.75 means 2065.25 soaks up the energy = i.e. equal legs.
You can see how much easier this would be is you had enough money for the o/n entry at 2095
(Got to set that morning alarm even earlier!! hah-hah)
==trade is sim