ES Journal - 2012

[Trvlwanderer]

Quote from JoshDance:

Good to know Trvl, I like the simplicity of basically watching one market, but I would like a little more breadth as well; striking a balance could be tricky, but like you I will try to keep the expansion from distracting me from my focus.

I have experienced obvious (looking) setups while viewing ES in a fish bowl. After the fact review of the trade (violent move opposite the trade) would reveal big warning flags in other markets or other time frames. Those were some early lessons.

Again, my caution is overloading data which causes indecision for legit signals. There is a balance in there somewhere.

 

[Trvlwanderer]

S 69.5 tgt 65 stop 73

 

[satchel]

Quote from satchel:

3rd test of line coming up, if 3rd HL bulls win. eurusd 2790 and sinking.

break please. 1252, 1240...

fade this europe close

 

[Trvlwanderer]

Quote from Trvlwanderer:

S 69.5 tgt 65 stop 73

out 69.00 too much upside risk.

 

[Trvlwanderer]

Quote from satchel:

fade this europe close

I hope you are right for your short trade sucess, but I see 73-75 now.

 

[Trvlwanderer]

comp and finnies leading the charge. stuck at pivot. little short scalps all around....but that volume is a bit spooky.

 

[Trvlwanderer]

L 70 stop 67 tgt 74

may flex stop

 

[satchel]

Quote from satchel:

fade this europe close

fade all the way back to 62, 52, ...

 

[gmst]

Quote from satchel:

fade all the way back to 62, 52, ...

Satchel,

We had 3 attempts at 62 (as you said), and 11am bottom was higher than 10am bottom. We broke the morning high and have created fresh highs. It is not exactly V shaped, but somewhat similar (you were talking about it yesterday).

So, in light of above evidence, why still short ? Are all the above evidences not enough to negate your original short signal ?

Curious to what you think. Thanks like always

 

[gmst]

seems CL is either pausing here or forming a double top - FWIW