ES Journal - 2012

[CollegeTrader]

Quote from CollegeTrader:

short 44.5 target 40.5 stop 49.5

out at -1.75 sold on an error had to stop myself out

 

[trickshot]

Moving towards 50s again, I wonder when will ES break out of this 20 point sideways range...

 

[JoshDance]

Quote from JoshDance:

closed 1 unit 46.25 (+2.00)
stop to 44.50 (BE+0.25) on remaining 2/3

target 1/3 47.25
target 1/3 51.00

closed 2nd unit 46.25 (+2.00)
stop to 44.50 on remaining 1/3

Probably closing this 2nd one too early...

 

[gmst]

short 1346

target 1344, stop 1349.5


R:R = 0.57, but should be high probability, will probably tighten stop later on

 

[ammo]

Quote from trickshot:

Moving towards 50s again, I wonder when will ES break out of this 20 point sideways range...

i assume,not sure,that they have a predetermined option exp desirable price and will keep it range bound

 

[JoshDance]

Quote from JoshDance:

closed 2nd unit 46.25 (+2.00)
stop to 44.50 on remaining 1/3

Probably closing this 2nd one too early...

out final 1/3 at 44.50 for +0.25

Totals +2.00, +2.00, +0.25

Profit per unit: +1.41

 

[gmst]

Quote from gmst:

short 1346

target 1344, stop 1349.5


R:R = 0.57, but should be high probability, will probably tighten stop later on

tightened stop to BE, very close to target

out at 44.5 for 1.5 point target.

 

[volente_00]

Quote from volente_00:

47 - 51 in play

target is 1312 from here

 

[JoshDance]

Interesting day, as the market wants to stay in this range (35-55), and has been bullish for the most part, but the selling pressure has been pretty sustained and has not gone away for an easy path up. A failure to punch higher here, and a subsequent move below 43 would indicate a strong possibility to me of new lows.

 

[JoshDance]

SIM short 44.25 stop 46.00

Bad entry price.