[jonbig04]

lmao! Glad I didn't hold it swing. Gotta love following the rules.

[jonbig04]

NO trades today, was looking to buy a pullback, but it took off. Also wanted to short 919, but we never got there.

[jonbig04]

Took a stop today for -1.25. Saw the small move of 2 or so points, obviously I wanted more. Just goes to show that the level was correct, but price had other ideas. which is ok because if it was going to take of higher, it would ave done so at my level...or a good chance at least.

[jonbig04]

oopsssssssssssssssssss

[jonbig04]

Trying to do a stop run study. Too often do vol spikes occur just before a large move. As atto pointed out, there's no way to tell if that's a stop run or a break out. Or is there? I'm trying to see if I can distinguish them with any profitability. As with any system, its difficult to define specifically what you are looking for because if you wait for all criterion to be met, your fill is shit. With a 1 point stop, i can't afford crappy fill. Worked on this all last night with moderate success. I'm going to play around with it for the rest of the day. Im trying to focus on what price is doing, what a stop run IS and what it means in terms of supply and demand-how can I use that info to find them and get the killer entries that result? hmm.

[jonbig04]

I think I'm on to something with this stop-run study. Im sick of charts right now, will likely continue the study tomorrow between trades. It's helpful because its looking like the stop run strategy works decently on months when my s/r picking is great (and is my net), but does very well when my s/r picking my be a little off, making up the slack. Anyways I don't want to get ahead of myself, but I think its a sound concept. I know I can get killer trades with a 1 point stop using the 5 sec and stop run hunting may be one way to do it.


As far as trading tomorrow goes...my TL has never been in danger and was bounced off of on 5/7 at 15:34 at 898. I have a major area at 940. May try to get a long in in the AM if I can, other wise I must wait. Does appear to be some R up here in the 925s, but my guess it that it will break to the upside, we'll see.

[jonbig04]

finished my stop study, it works pretty well. Just another way of re-entering so no big changes there. NO trades today, this is all no mans land to me-which sucks.

I'm going to study my targets. I tested everything out with static targets, but we all know they suck. my average win is 9ES, but i know with this time frame I can aim for much, much more.

[jonbig04]

good day, +10es

missed lod by 2 ticks