ES Journal - 2012

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Quote from gmst:

Short 1413.75

Macho, I am selling as you are buying :) LOL


Sim?

I don't see the funny side of taking a loss.Maybe I am missing something.
 
Quote from Macho:

Sim?

I don't see the funny side of taking a loss.Maybe I am missing something.

not sim live.

nothing funny intended - Just an observation about different traders taking opposite positions in the same market. thats all.

You are a good trader, you will make this loss back many times over. Especially your trick of having SL on bond futures movement is interesting.
 
Quote from sttrader:

Short at 1415.00 though they could keep propping this market higher and higher.

Looks like their intent is to keep this above the gap of last week. Would not be surprised to see it higher going into the pm session and into the close. Keep in mind that it won't be by coincidence and we could easily see 1440 soon.
 
Quote from sttrader:

Looks like their intent is to keep this above the gap of last week. Would not be surprised to see it higher going into the pm session and into the close. Keep in mind that it won't be by coincidence and we could easily see 1440 soon.

Not by coincidence? Mind explaining that...

I have a real hard time buying things at 14 times earnings with 2%growth....on days like today i feel like i'm the only one
 
Quote from amsterdam:

Not by coincidence? Mind explaining that...

I have a real hard time buying things at 14 times earnings with 2%growth....on days like today i feel like i'm the only one



trade the chart....it's all manipulated anyway so forget about earnings and gdp
 
Quote from amsterdam:

Not by coincidence? Mind explaining that...

I have a real hard time buying things at 14 times earnings with 2%growth....on days like today i feel like i'm the only one

All you need to do is look at price action. Prices/markets are manipulated more so than ever now and will be so for some time.
 
You guys are way jumping the gun entering shorts. I thought there might be some shorting opportunity this afternoon but this is looking like sideways consolidation before the next up move.

Maybe sometime tomorrow there will be a good short setup.

Were confirmed bull market across all trend indicators at the moment though on my system. Plus isn't pretty much everyone in agreement about 1440 being the only big resistance near term? Numbers everyone is watching tend to be magnetic IMO. That 2008 swing high is a pretty key level.
 

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