ES Journal - 2012

[Trvlwanderer]

Quote from Trvlwanderer:

Quote from Trvlwanderer:


tgt 87.50 stop to 85

stopped...moved initial stop because something didn't feel right. spx broke lower tl and ema 20 as well.

 

[JoshDance]

long 84.25

 

[bigsnack]

I'm "NOT" (sorry) seeing the bulls show up yet. Nothing but low TICK closes and lower highs and lower lows.

EDIT: I do realize that the second I write this, we will get a bounce

 

[Trvlwanderer]

Quote from bigsnack:

I'm seeing the bulls show up yet. Nothing but low TICK closes and lower highs and lower lows.

EDIT: I do realize that the second I write this, we will get a bounce

thanks....-600 ticks signal???

 

[JoshDance]

Quote from JoshDance:

long 84.25

out 82.75 -1.50 ... I'm being an idiot

 

[JoshDance]

Quote from Trvlwanderer:

stopped...moved initial stop because something didn't feel right. spx broke lower tl and ema 20 as well.

damn right something doesn't feel right, it's my ass getting spanked by being a numb nuts and trying to buy this

 

[Trvlwanderer]

Quote from JoshDance:

out 82.75 -1.50 ... I'm being an idiot

drop was halted at S1 and VAL. shake it off....I remained an idiot the entire morning yesterday, LOL

 

[bigsnack]

Quote from Trvlwanderer:

thanks....-600 ticks signal???

Yes. Any time we are making consistent TICK closes below -600, that's bearish all the way for me.

 

[JoshDance]

And now ladies and gents, after an hour of relentless selling, welcome to 4 hours of chop, where many will try to regain their losses by chopping around in this bull shit (possibly me if I get desperate enough).

 

[Trvlwanderer]

Quote from bigsnack:

Yes. Any time we are making consistent TICK closes below -600, that's bearish all the way for me.

That was an assumption, but I wasn't real sure. Thanks for the charts.