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  1. Picaso

    ES Journal Archive (2011)

    Good morning, EMG! Here's your breakfast:
  2. Picaso

    ES Journal Archive (2011)

    Very inspirational. Power to you.
  3. Picaso

    ES Journal Archive (2011)

    Long 1124 target EMG-forever Stop already moved to be (was 10 ticks) Stop trailed to 1126 and stopped out --- Getting back in the game, a bit jumpy and with my head still not 100% focused --- But poor trade management on my part; I should have either held for my original (or...
  4. Picaso

    ES Journal Archive (2011)

    I agree, but... 5' <> 60' <> daily <> mid-term <> long-term The global trend is likely to stay down, but there will be days where the money will be (intraday) to the upside --- OK, so... 1) Is that a failed test and we go up, up, up from here? 2) That was all she said and now...
  5. Picaso

    ES Journal Archive (2011)

  6. Picaso

    ES Journal Archive (2011)

    Yes, very slow. My guess is that every time volatility goes up, web traffic skyrockets and speed tanks. Don't hold your breath if you're waiting for Baron to upgrade the servers. :(
  7. Picaso

    ES Journal Archive (2011)

  8. Picaso

    CL Redux

    It was a good idea, though. I had an order a bit higher that un/luckily didn't get filled (QM) This is what I have next: --- Fffff, now not filled at .250 - just complaining to myself, never mind me :p --- One-dollar moves in 15'... These are days to make a killing or get...
  9. Picaso

    ES Journal Archive (2011)

    How dare you, Sir? ... :D :p
  10. Picaso

    ES Journal Archive (2011)

    You're the man! Sign me up!
  11. Picaso

    ES Journal Archive (2011)

    A genius, a freaking genius... Deluxe Mojitos on me - I'm not paying for lung cancer, though :D
  12. Picaso

    CL Redux

    But well read. :) Probably a 5% day demands a bit wider stops. Edit and/or some prudent cutting down in size.
  13. Picaso

    ES Journal Archive (2011)

    I have a long bias for today, but just in case... NYSE has invoked Rule 49 http://www.sec.gov/rules/sro/nyse/2009/34-60922.pdf --- Gold down 4% Silver down 8% Oil down 5% --- 10 minutes after open Down vol x 35 times Up vol
  14. Picaso

    ES Journal Archive (2011)

    Blood in the streets!!! ... It's T-day mofos!!! :D :p
  15. Picaso

    ES Journal Archive (2011)

    IMHO: FOMC statement = non-issue Today = 1) brokers' payday 2) lucky retail traders will think they're geniuses 3) not so lucky retail traders will be finally convinced the market is rigged and THEY are out to get them 4) pro traders will cut down size in inverse proportion to the...
  16. Picaso

    ES Journal Archive (2011)

  17. Picaso

    CL Redux

    LOL - Nice catch, JD --- Is this professionals/hedgers buying (likely to be sustained throughout the remainder of the season) or a fadable stop-run? --- euro attacking its daily high
  18. Picaso

    ES Journal Archive (2011)

    LF, while I'm sure you're a much better ES trader than me, here's a piece of advice if I may: Big moves don't usually happen in a non-stop straight fashion, so either play it tight (as you normally do) and go for shorter moves (say 3 points) or if you're gunning for your original, larger...
  19. Picaso

    CL Redux

  20. Picaso

    CL Redux

    Thanks for the heads-up. Unless we have some major surprise here or at inventories, it looks like this is going to be a buy the dip-sell the rally day until the FOMC announcement.
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