ES Journal - 2012

[ammo]

need that 63 to hold in cash,or we may see 57,its early in the day to hit the low of day

 

[DanS]

try another long 58.5 with sell stop at 55.75

 

[sttrader]

Quote from sttrader:

Fully added position covering at 63.5. Still holding original short position.

Cover half at 59

 

[sttrader]

Quote from sttrader:

Cover half at 59

Order to cover remainder at 53.5.

 

[BSAM]

Hmmm...Wonder if we've found support.

 

[DanS]

Exited at 59, 0.5 plus. Better than a poke in the eye.

 

[BSAM]

Quote from BSAM:

Hmmm...Wonder if we've found support.

Hmmm...Not that time.

 

[gmst]

Quote from BSAM:

Hmmm...Not that time.

seems now we have....ES breached its low by 1 tick and NQ couldn't breach its low.

Long long long now.

 

[BSAM]

Quote from gmst:

seems now we have....ES breached its low by 1 tick and NQ couldn't breach its low.

Long long long now.

It's another one of those funky daze, brother GM.
Not the first one this week.
Had me one break even today.

 

[Wide Tailz]

My friendly, fellow traderz.

I have an observation, for your stimulation, this Friday afternoon.

I remember in the beginning of the thread "Why is the obvious not so obvious" the Guru hinted that 90% of the time you buy low sell high, 10% of the time you buy high sell higher, and vice versa.

I'm beginning to wonder if the $ potential is similar, whether you're harvesting the 90% range or 10% tails.

I notice many participants in this thread are always trading, playing the range.