ES Journal - 2012

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Quote from startraitor:

Long 89.50, looking to build a position down to 1370 if it get's there. Should be a rally into numbers next week and there is a solid floor on this thing for the time being.

This was a rather nice..although brave...trade. Why do you think there will be a rally into numbers? CW seems to be a run up to the end of quarter then let down next week. I'm kinda in the camp that too many ppl are looking for a correction....... for a correction to happen..................yet.
 
Quote from bigsnack:

Tortoise killing it per usual!


Nice of you to say but, truth is, I am the least talented trader I know. I'm only now starting to "kill it" after a very long time being killed. Over and over again.

Bottom line: If I can do it, anyone can.
 
It's more the floor under the market, way too much money looking to chase any pullback higher.


Quote from RichardRimes:

This was a rather nice..although brave...trade. Why do you think there will be a rally into numbers? CW seems to be a run up to the end of quarter then let down next week. I'm kinda in the camp that too many ppl are looking for a correction....... for a correction to happen..................yet.
 
Quote from RichardRimes:

Long the weekly 1375 (next week) Put @ 2.5
Plan on going long the ES cash @ 1398.5...if hit will cover @ ~05

took profit (early) so I could go enjoy my weekend...

out the cash @ 02.5...still long the put for trade's next week.
 
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