ES Journal - 2012

[Lespaulr0cker]

S 1429.50

 

[Laissez Faire]

What a load of crap. Looks like we may retrace up to the 31 area before filling the gap.

Considering bailing soon.

 

[Spectre2007]

1430 would be the top of this ATR .. stops at 1444 for mean reversion swing traders. Counter trend trading.

 

[Trvlwanderer]

Quote from Spectre2007:

On first touch of 1424 .. stay long above 1424 and short below 1424..

Figure out which way is best to reduce transaction costs.

_sell stops
_buy stops
_algorithms
_option s
_time based entries with stops (example)

If price is above 1424 in x days I will get long with a stop loss
If price is below 1424 in x days I will get short with a stop loss

Edit: wait months after price has traction from 1424 to exit

Interesting longer term view. Many (significant) variables in the short term. Thanks.

 

[Trvlwanderer]

Quote from Laissez Faire:

What a load of crap. Looks like we may retrace up to the 31 area before filling the gap.

Considering bailing soon.

Trans looking at the hod.

 

[Laissez Faire]

Quote from Laissez Faire:

Filled at 32. Stop @ 33,50. Limit at 27,50.

Not touching it.

Stop @ 32,75.

Not interested in taking any more heat than that if we trade back up into this range. Will rather re-enter at a better price if I still believe in the short side.

Disappointed now.

 

[Laissez Faire]

NQ is making new lows. What's the matter ES? You can drop now.

Seems like the 30 level is defended.

 

[uptickk]

AAPL dragging NQ down.

 

[ammo]

8 /2 -10 /26 lows tl being massaged with a possible m pattern

 

[ammo]

last 4 months