ES Journal - 2012

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Quote from gmst:

my stop on ES was 1342.5, got out there....NQ still holding on. have a sell order at 55.

This selloff was bernanke induced....not the normal market action today.

Edit: Btw, what is the rationale for stop at 37, if you can explain please.
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not much normal mkt action as of late. i am getting better at disregarding news and just following price action.
 
Quote from mastacoli71:

not much normal mkt action as of late. i am getting better at disregarding news and just following price action.
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yes agreed

btw, out of NQ at 2555.

Lost some money today. Now out of indices for today. Short euro now - looking for 80-100 pip move on this one. If this trade works out, will make all of the money lost on indices.
 
short 2 cars NQ @ 2561, last trade for the day.

Generally, I won't take a trade in the same direction as an intra-day trend after a reversal, but today looks very bearish to me.
 
now that we broke 56.5, next is 61, 64, 68.25. 68.25 would be close to 30 pt intraday range. unless greece finds a trillion dollar treasure off the coast or bernake initiates QE3 and QE4 at the same time, i don't see us getting much past that point today.
 
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