ES Journal - 2012

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Quote from gmst:

out 1 at 1347.75. Still 1 long.

out at 49, flat.

I got flat after looking at Macho's trade, probably not the best rationale, but he has been consistent in my experience.....let us see....LOL
 
Quote from Macho:

Party is over, Mr Mastacoli.:D

Sold 4950 stop 5700 or ZB 147'20

Target 4200

not even sure why i tried trading a move like this on a Friday going into a holiday weekend. imo, market makers are baiting shorts right now to take this thing above june 16 high.
 
Quote from Macho:

Party is over, Mr Mastacoli.:D

Sold 4950 stop 5700 or ZB 147'20

Target 4200

Changing stop to 5175

Target 4400

Will close out at EOD no matter what:eek:
 
Quote from gmst:

long 48.25, agree with Mr. Mastacoli's analysis here

it's a sick game market makers play. it is almost unfair since they see more then we can see.

fridays are a great day for them with very low volume. they just bang stops all day long and when they are done, they bang the stops on the other side. the trick is to figure out when they are done.
 
Quote from Macho:

Changing stop to 5175

Target 4400

Will close out at EOD no matter what:eek:

Took loss 1 point 5050.

ZB pit finished very soft, so I am lucky with small loss.
 
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