ES Journal - 2012

Macho · Feb 2, 2012

Quote from Macho:

Sold 132550 another on 132875

Stop ZB 143'27

Covered 132300. Have to go. Good trading ,y'all.

RXIS · Feb 2, 2012

back to where I intended to cover my first shirt...gheesh

Trvlwanderer · Feb 2, 2012

hns on the 5 looking for 1316 first target from the r shoulder.

RXIS · Feb 2, 2012

im wondering is its done for

dv4632 · Feb 2, 2012

Quote from ammo:

spx line from oct 07

Nice chart. Failed breakout 1/26 and yesterday.

Line comes in today at ~1328 SPX cash, so far another failed breakout.

Dow broke out of it's 07 downtrend on 1/20. Tried to break back below but failed (aka successful retest from above) on 1/25, 1/30, and 1/31.

I have never been able to trade with trendlines, however I find that longer term lines do offer useful reference points for day trades.

chaykapwr · Feb 3, 2012

It seems the story of this market is this

AH-Push down 1 point or so on nice selling, NO follow through. Whenever you see the market drop by 1 point or more, buy. Example, it broke 1321, went down to 1320, buy buy buy buy buy

chaykapwr · Feb 3, 2012

I guess we have another big gap up day.

EliteThink · Feb 3, 2012

Looking like it. Thinking ES 1336 is likely. Wouldn't mind being incorrect on it...

tortoise · Feb 3, 2012

NDX headed for its third gap-up in-a-row.

If we do not mean-regress after the employment numbers, I suspect ES will be headed, in a more-or-less straight line, for 1370.

mastacoli71 · Feb 3, 2012

Have not posted here in a while. If it runs it runs. Weeklies are relatively inexpensive right now. Calm before the storm? Who knows.