Damir's Trading Journal

[damir00]

short YM 9709. missed a better entry by oversleeping on this holiday morning.

 

[Kap]

well I've been up for 8 hours already, and am ready for a post lunch nap - !

not sure if were gonna see this gap trade - I would have expected to have visited by now - currently looking for longs down south

 

[damir00]

one more at 9746. that's as much as i'm putting on the line today, took an hour to break 100k ES volume.

 

[Kap]

Sittin on hands here, will be a seller if we see 1050 sp cash, buyer YM sub 9700...

 

[xje]

Short ES 1046.25

There is a divergence between NASDAQ and Dow right now, which suggests the market might reverse direction.

I over slept this morning as well. Do you guys know what ES's opening price was today? Thanks.

 

[xje]

Move stop to 1046

 

[damir00]

looks like 1043 @ 9:30...?

 

[xje]

Thanks Damir.

 

[Kap]

Quote from xje:

Short ES 1046.25

There is a divergence between NASDAQ and Dow right now, which suggests the market might reverse direction.

I over slept this morning as well. Do you guys know what ES's opening price was today? Thanks.

on that assumption, considered Long Nas short ES ?

 

[xje]

The theory is, if Dow is more bullish than Nasdaq when going up, both markets will go down. Usually Dow follows (and lags) Nasdaq. Of course, this is only a general theory which may not always hold.