ES Journal - 2012

[Trvlwanderer]

Quote from Trvlwanderer:

took a couple off at 08.00 and moved stop to BE 5.75.

see if the runners can hit 12.50 before they hit the stop. either way...no more risk on this non-scalp trade.

Minimal scalps today and all were early...feels pretty good to see a low commission day.

agreed on the golden cross day....spy and sso are always a decent position or swing on these highly visible patterns.

flat eod at 07.25.


AH should be interesting.

 

[tortoise]

Quote from tortoise:

interesting to see friday's low turn into a ceiling. hmm...

i wonder if they're going to gap it up over 1310 for tomorrow's RTH open...

 

[gmst]

Quote from gmst:

Alright, Long 1308

late entry.
closed it at breakeven 15 min before mkt close.

 

[chaykapwr]

if we break 11, look for an EXPLOSIVE move to the upside

 

[ammo]

this rally is on day 30,dont use the sma 's but stuck an sma 30 on the chart and its at 1286 -83 ish..and chay your stochastics are rolling over

 

[tortoise]

long 1305.50

stop 1304.50

target 1310.50



'night all...

 

[dv4632]

Is this a H&S top?

I'm not very good with chart patterns and don't base any of my trades off them, but just thought I'd point this out.

Opinions?

 

[trickshot]

Quote from dv4632:

Is this a H&S top?

I'm not very good with chart patterns and don't base any of my trades off them, but just thought I'd point this out.

Opinions?

It is, but chart patterns are imo, very unreliable on shorter time frames. You will find plenty of failed H&S patterns on shorter time frames.

 

[Hooti]

hadn't thought of it as a HNS, but think most likely it's going down from here.... My elliot wave friends have down from here as 'plan A' but they don't have high confidence, just sorta confidence so far.

Back to bed for me.

 

[Rickshaw Man]

Oh look the stock index futures are up 1.00% overnight...SHOCKER!!