ES Journal - 2012

[ammo]

large volume spike on that 11 am touch of 05, benny and merkel doing what ever they can to hold this mrkt together

 

[JoshDance]

One poke higher and a failure means at least 05 retest, maybe 98 today.. heavy buying move above 13 means HOD again at least, IMO.

 

[lucky lucille]

Quote from ammo:

99-02 is wed nip,today is a half boob,doesnt match the profile for a run up to 18

this is bollinger band day.. (so to speak dont use it) as a metaphor all bets are off on days like today

IOW, think outside the box

 

[ammo]

wheres it at the boll bands,touching upper

 

[JoshDance]

Feels as though something is getting ready to happen in the next 15 mins; that would be good, as it would have time to develop, rather than starting something up at 3:30 or so.

 

[lucky lucille]

Bottom line this one ugly day. trade accordingly :eek:

 

[lucky lucille]

black swan intraday

thats how I am playing it

http://www.investopedia.com/terms/b/blackswan.asp#axzz1kJQLsR7o

 

[lucky lucille]

Quote from lucky lucille:

S 9.75

cover 8.50

L8.50

 

[gmst]

Today's price action is extremely similar to 16th Dec 2011 price action (at least till 140 pm EST). Check your charts guys.

Not saying it means it will end in a similar way, but just pointing out.

1205 was a great support at that time on the Dec contract. After first 30 min runup we went and touched 1225 and then fell back, broke the LOD (which was around 1216) and went to 1206-07, if I remember correctly. I was long from 1218 to 1224, had a good trade booked profits and then again went long from 1218 and closed at 1208 or so. Pretty intense day for me, so remember it clearly.

I didn't remember that day when I sold today at 1312.5. But somehow my subconscious mind did remember a pattern.

Anyways, looks we are going down again. I bet we break 1305 this time.

 

[bigsnack]

Quote from oraclewizard77:

Hi, I bought at 1307.50 and sold at 1309.50. As trade went my way, I brought up stop a tiny bit since I did not want to take a big loss if market decided to tank. Can anyone comment if they saw what I saw when I went long. I only took .50 heat on this trade.

Reasons for trade was market had made a good high for the day before pulling back. It then hit a support level and was trending higher. Market then makes a HL at a fib retrace level and I thought it could at least go up to the previous LH resistance level.

Also, original thinking was to possibly go long a 2nd contract at test of support, but once trade started going my way I decided that the HL level is now support so my stop is below it and I was not going to do another contract. To prevent me from taking profits early I stopped watching the market.

Yeah I mentioned a 7.25's bounce earlier. I saw this: