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  1. M

    ES Journal Archive (2006 - 2008)

    Amazing how this works. At the open (0933 EDT to be exact), the market retested 1528 and bounced off, now 4 points higher. I was just about to enter long, just waiting for a little confirmation, when the internet connection in my Hilton hotel room here in Boston went down. It's a wireless...
  2. M

    ES Journal Archive (2006 - 2008)

    In hindsight, the support zone was re-tested vigorously about 5:55 am EDT and held admirably at 1528, so I consider it redeemed. However, we're now too far above support (2+ pts) for a long entry, and too close to the opening of RTH to risk a close stop being whipsawed out in the first few...
  3. M

    ES Journal Archive (2006 - 2008)

    That doesn't address my question about what it means when substantial blocks trade below bid price. Why would a rational trader sell below bid, not just once but multiple times? :confused:
  4. M

    ES Journal Archive (2006 - 2008)

    Stopped out for -1.5 by some weird big-size (for Globex) selling at 0555 EDT. Something fishy going on -- some big blocks traded BELOW the bid price, causing a big spike down and taking out my (tight) stop. May re-enter long after I watch this for awhile. What in hell does it mean when...
  5. M

    ES Journal Archive (2006 - 2008)

    In Globex, ES descended from 1536 starting just after midnight EDT. I attempted to get short at 1535.50 but failed to get filled. At 04:30 EDT, ES descended to weak support zone at 1529 (same as yesterday's 3pm low) and reversed. 15-min RSI reached 23.75, quite overbought. Next bar on...
  6. M

    ES Journal Archive (2006 - 2008)

    I'm probably going to regret this, but I just closed this position at 1535.25 for a gain of 11 points. Guess I was just spooked by the rule of 10 and didn't want to risk giving anything back. For the day, I am up 22.5 points, which is a new personal best. I'm going to take a break to savor...
  7. M

    ES Journal Archive (2006 - 2008)

    Relativistic time dilation? :D
  8. M

    ES Journal Archive (2006 - 2008)

    Did you notice that some really big size unloaded around 1:18 EDT? I think we're going to take a pause that refreshes here (maybe one of Oso's bull flags), then hopefully go on to a new HOD and run some short stops. I've raised my sell stop to 1528.25 (4 points above my entry). EDIT...
  9. M

    ES Journal Archive (2006 - 2008)

    Long 1524.25 Stop 1522.25 (2 pts) Target 1540 (15.75 pts) EDIT: Stop raised to breakeven
  10. M

    ES Journal Archive (2006 - 2008)

    Are you still holding longs from the entry around 1518, or are you looking to go long (e.g., 1525)?
  11. M

    ES Journal Archive (2006 - 2008)

    Looking at 60- and 240-minute charts, looks to me like it might be best not to get short again until 1541-1542 resistance. Apex, yesterday you said you were looking to go short around 1536. I'm not seeing a zone there. Do you still see one there?
  12. M

    ES Journal Archive (2006 - 2008)

    Short 1531.25 Stop 1533.25 (2 pts) Target 1525.50 (5.75 pts) EDIT: moving stop to breakeven (Am I the only one having trouble posting to this thread today?) EDIT: Trailed stop down to 1530.25 May be reversing here. EDIT: Stopped out at 1530.25 for +1 :(
  13. M

    ES Journal Archive (2006 - 2008)

    Short 1529.75, stop 1531.25 (1.5 pts) EDIT: Stopped out.
  14. M

    ES Journal Archive (2006 - 2008)

    Covered at 1526.00 for +3.75
  15. M

    ES Journal Archive (2006 - 2008)

    Short at 1529.75, stop at 1531.00
  16. M

    ES Journal Archive (2006 - 2008)

    Didn't execute as well as Apex (no surprise). Entered long at 1519.00 with (too) short stop and was stopped out for a 3-tick loss. Decided to wait for better confirmation and re-entered long at 1520.50 with a stop at 1519.00. EDIT: PT touched and filled at 1529.00 for +8.5 points. (I...
  17. M

    ES Journal Archive (2006 - 2008)

    Stopped out at 1526.25 for +3. Now flat.
  18. M

    ES Journal Archive (2006 - 2008)

    Not thrilled with price action here. PT stop raised to 1525.25 (2 points above long entry). Will continue to trail stop up.
  19. M

    ES Journal Archive (2006 - 2008)

    Indeed. My finger's on the trigger to get out of this trade early.
  20. M

    ES Journal Archive (2006 - 2008)

    Halfway to target.
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