ES Journal - 2012

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flat 1315, avg short 1314...that was a grind but somehow managed it well enough to come out ahead with options and scalps.

going to get some solid zzzz's tonight. good night all and good job to KT for sticking to his guns!
 
Quote from stock777:

prayer beads ,might help here

only way this doesnt go lower is if they pull the same scam as yest. and they might, risk/reward = zero here

let your trades do the talking. sounds like u r trade what u think instead of what u see.
 
Quote from mastacoli71:

why such a big move into next week? not clear what u r seeing?

When the ES went down hard on Wednesday morning but refused to fill the gap below that was begging to be filled and then reversed so sharply up, I interpret that as very bullish. That plus month end next week and major resistance not coming in until the 1350-60 area.

With that said, I fully expect further declines and volatility in the near future. Cheers!
 

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Quote from Ramp:

When the ES went down hard on Wednesday morning but refused to fill the gap below that was begging to be filled and then reversed so sharply up, I interpret that as very bullish. That plus month end next week and major resistance not coming in until the 1350-60 area.

With that said, I fully expect further declines and volatility in the near future. Cheers!

here are fib levels on daily to support your targets :D
 

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Quote from Ramp:

Totally agree, stops will be honored :)

offering 1332 and heading to bed. tomorrow should be fun. really don't think the masses will be willing to hold into long weekend so looking for close near bottom of channel.

regardless, made a promise to myself once again to trade what i see and not what i think :D

gn
 
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