Search results

If this does push down, I'll be looking to enter short on the first pullback. Trying to catch this move down right now is a little risky for my liking with all the congestion looming at these lower price levels.

He's a beginner and hit or miss. I have nothing against him. He's still learning. I just don't understand how he sees a down trend when there's been a 2 point range for hours.

I don't see any sort of trend yet. I dont know how u see a trend down :confused: :confused:

take a deep breath and wait for direction. So far this is 'kill your account' price action. Just wait. ES doesn't provide great entries everyday.

Bought in at 1326 this AM, 1 tick from the bottom, but I didn't post in real time, so who's gonna believe me ? :confused: ah well, I'm still holding so its all good ! :p

lol you act like 1 full contract is a lot of money. Indeed it is relative, but still you can trade 1 contract with $5k. If you don't have $5k to spare you shouldnt be trading !

Price action is getting all jumbled up. I'm going to steer clear of this pullback. Doesn't look right.

+4 ! Took a while but I got it. Woohoo

Long @1321.75 stop @1319.75 Target @1325.75 !

Its the Illuminati

Long @1273.50 Stop @1271.25 Tgt @ 1282 edit: Just kidding... LOL

wow. I thought we were on the verge of flash crashing w/ that push down. I had a strategy outlined to buy 1256.25, but I pulled it when it was pushing down so hard. Oh well !

chop til ya drop ! Still waiting patiently for this move down.

If you have a $10k account, and risk no more than 4 points trading 1 contract, thats 2% risk per trade. 2% risk per trade is conservative enough IMO.

well, today is just a day when many traders rollover their contracts. The actual expiration isn't until next week. I'm actually still trading ESH1 today as there's still a lot more volume in that contract.

Consolidation day. Tough to trade ! Sitting on the sidelines here

Really angry at myself today. This is why most traders fail. Failing to stay calm and collected while trading. First trade of the day was long off the open. Nice. Second trade tried to short during the first consolidation, stop out, okay no big deal. Third trade went short when I...

why did u cancel ? Its awfully close to hitting 12.75 now.

It will be interesting to see how the ES reacts when / if it breaks 1309. That should be an area where profit taking ensues and a lot of stop orders are. That should be a pretty decent tell for us to see how weak sentiment really is. Just my thoughts.... Don't even think they're worth 2...

Only got to trade the last 1.5 hours of the day b/c my girlfriend stayed over and decided to have marathon sex w/ me this morning :) Too bad b/c I missed out on a nice move ! Needless to say, the last 1.5 hours was almost all chop. Was short and closed the position about 30 seconds before...