ES Journal - 2012

[JoshDance]

Quote from JoshDance:

stop placed at 69.75

EDIT 1:08pm stop 69.00

out 69.00 for -1.00

 

[JoshDance]

SIM long 2 @ 69.50

 

[bigsnack]

Looking like there is some big downside potential now!

 

[Trvlwanderer]

Quote from bigsnack:

Looking like there is some big downside potential now!

Are we in a low vol area? this can bounce or push to the top of the bell right?

Note CL tanking

 

[JoshDance]

Quote from JoshDance:

SIM long 2 @ 69.50

closed both -2.00

 

[Laissez Faire]

Quote from ActiveTrader07:

I would love to short the ES here for 30+ point swing trade; however, I do not have any confidence that will happen in the near future. I view going long here for a multiday swing trade as dangerous after a multiweek 120+ point rally. So, I sit and wait for a better opportunity.

Well, did you?

Below the day`s 50% now, but the 66-67 area looks a little "thick".

 

[bigsnack]

Quote from Trvlwanderer:

Are we in a low vol area? this can bounce or push to the top of the bell right?

Note CL tanking

TICK had rolled over hard, and we were trading below the little ledge at 69.75's. Plus volume wise I figured that if we got back under 68's it opens up a whole new volume "boob" to explore. I think we could move down to 61's or so.

 

[Laissez Faire]

Anyone buying this god damn dip?

May look to enter a short on a retrace up to 68,75. Or maybe a break around 66.

Or maybe I won`t.

 

[JoshDance]

SIM long 2 @ 67.00

 

[Trvlwanderer]

Quote from bigsnack:

TICK had rolled over hard, and we were trading below the little ledge at 69.75's. Plus volume wise I figured that if we got back under 68's it opens up a whole new volume "boob" to explore. I think we could move down to 61's or so.

Thanks. I saw the low vol area and by the time I posted it had nearly burned through it. Looks to be a decent short unless we get "interaction" and resumption of trend.