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    ES Journal Archive (2006 - 2008)

    Alright... just stepping out the door.... just made direct contact with the zone. Now short at 1553.25-.50 conservative entry... wait for reversal bar entry on 5 min chart. Just remember its friday, options expiration day which decreases odds of trade as well as it being countertrend...
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    ES Journal Archive (2006 - 2008)

    Here is the visual of the trade.. Once again in a pickle.. not making it completely up to the zone before starting to pullback. I suggest waiting for a test of the major zone before getting bearish. When trading countertrend its always best to wait for the maximum extreme I find.
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    ES Journal Archive (2006 - 2008)

    Alright guys... I am taking off in a hour or so. Heading to my house in the Bahamas to get some much needed vacay time, spend some time with the gf and friends and catch some rays... I am going to try to take the next few weeks off... but I will be in the thread at times. But not...
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    ES Journal Archive (2006 - 2008)

    Well they left me in the dust by a tick.... frustrating.. but part of the game. Buy trade is now cancelled. Only trade for the day..... short 1553.50 stop 1556.25 Target 1 1538.50 Target 2 1533 risk 2.75pts or get it on reversal bar after hitting zone. 1st profit...
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    ES Journal Archive (2006 - 2008)

    Last trade short from 1539.75 stop at 1540.25 target 1535 2tick stop 19 tick target leaving the house leaving stop and target in
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    ES Journal Archive (2006 - 2008)

    If they cant take it down.. theyll take it up. Most likely going to have to wait for tomorrow for the trade If we break to new highs I wont be shorting until 1550-1554... next major resistance We are in a broad range.. we may roll over here at 1539.75-1540.25 I am not seeing anything...
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    ES Journal Archive (2006 - 2008)

    dang buyers are eager.... break 36.. com on
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    ES Journal Archive (2006 - 2008)

  9. A

    ES Journal Archive (2006 - 2008)

    nice spooz... I was hoping for one more leg higher to sell hard into.. but cant always get what you want. We should have a nice buy setup this afternoon if this market can pullback from these levels. However, it must hold these highs in order to qualify the zones as a buy. 1530-1531.50...
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    ES Journal Archive (2006 - 2008)

    we got a nice little 3 point bounce off the first zone. We just grazed the critical zone.. didnt make it down that extra tick and you see the buying come in a big big way. This a great example of a slingshot entry if that low is taken out. There is no way I am chasing it, especially during...
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    ES Journal Archive (2006 - 2008)

    Local support zones..... 1535-1536 1532.50-1533.50 (key zone)
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    ES Journal Archive (2006 - 2008)

    This would be the ideal scenario for my next short in the 1544.50-1545 area. This market is extremely overbought so we may not get this... but if it does pull this off there will be a lot of extra value placed on the trade...
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    ES Journal Archive (2006 - 2008)

    they washed me out... I am not chasing the downside here. I am on the sidelines until 1544 or a 10 point drop.
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    ES Journal Archive (2006 - 2008)

    \ stepped in front of the train.... stopped out.
  15. A

    ES Journal Archive (2006 - 2008)

    I would caution any longs at this point... great place to take some off the table and tighten up stops. Of course never close your full position just nice place to ring the register.
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    ES Journal Archive (2006 - 2008)

    alright now short from 1538.50 moving stop to 1539.75 major countertrend play here Targets: 1535 1533 1530.50
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    ES Journal Archive (2006 - 2008)

    Getting short on ES at 1538.50... 1 pt stop it may not get up there but a nice countertrend play to go for a minimum of 5 pts
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    ES Journal Archive (2006 - 2008)

    taking profit 2 here at 1535..... major resistance here that could turn the market to new lows so want to bank a nice profit here. I will get back in if the the market can show some strength and break above this level. +27pts Still long 3rd unit with a breakeven stop at 1507.... this one...
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    ES Journal Archive (2006 - 2008)

    One of my best trades this year.... Ya I am going to pat myself on the back for this one....
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    ES Journal Archive (2006 - 2008)

    This board is an outlet to share my views, trades and also look back in the past on what I was looking at and how I felt about the market at any point in time. Trading is an isolating career and this thread is a great place to get insight on other methodologies and different ways of looking at...
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