ES Journal - 2012

[JoshDance]

Quote from Trvlwanderer:

banging it's head on the weekly pivot and friday rth low. no trades for me in this area.

a crapload of buying we're seeing here -- I will look for a retrace to the 59s, and for that to hold, and then I will look to buy, hopefully it will not be too late at that point.

 

[Laissez Faire]

Wow. Look at his.

If I were present, I would consider a sell-limit at 64 with a tight 1 point stop.

Maybe I`ll put it in with a stop at 66, before I leave.

 

[ammo]

sorry mistake that tl is 64-65, add 63

 

[JoshDance]

futures gap filled to the tick (63.25), but cash gap still open

 

[Laissez Faire]

64 is the obvious target now. Can we find support around 60 for another push towards new highs?

Or is there any chance that I can get my big short from here?

 

[ammo]

Quote from Laissez Faire:

64 is the obvious target now. Can we find support around 60 for another push towards new highs?

Or is there any chance that I can get my big short from here?

we are fighting a big tl here,takes a while for these big positions to turn if they are going to ,have to unload long cargo and reload short cargo

 

[tenthousandmen]

Yyyyeeeerrrr!!!!!

 

[trickshot]

I'm beginning to see a pattern here. ES trades within a 20 pt range for about 10 days, then breaks out and does the same the thing over and over again. The grind up is systematic and relentless.

 

[FreakofNature]

Quote from bigsnack:

Higher highs and higher lows all the way! (I'm sure the market will reverse now that I've pointed it out)

That happens to me all the time.

It's why i stopped trend trading.

I see HL HHs and the trend ends when i get long lol

 

[Trvlwanderer]

Quote from bigsnack:

Higher highs and higher lows all the way! (I'm sure the market will reverse now that I've pointed it out)

Only if you entered with 10 or more.