ES Journal - 2012

[mastacoli71]

missed a decent overnight entry long near 60. that area happens to be strong support based on projected trendline from lows on Oct 4 and Nov 25.

looking to short 76 premkt / off the open but will not get very aggressive with it given what can happen on tax day as well as current market action to the upside. also willing to go long 68 and add down to overnight low.

 

[volente_00]

shorted 72.5

stop 78

target 1 is 66-67

stop trails to entry at here

then target is 55.75

 

[tortoise]

Quote from volente_00:

shorted 72.5

stop 78

target 1 is 66-67

stop trails to entry at here

then target is 55.75

Really???????????????

 

[volente_00]

Added 74.5 stop adjusted to 1380

 

[Macho]

Quote from volente_00:

shorted 72.5

stop 78

target 1 is 66-67

stop trails to entry at here

then target is 55.75

Volente,

As you have said you are just a "beginner" enjoying some luck and I have over 250 days of trading experience, could you explain why you opened your position at 72.5. I had a feeling you would be opting for around 76.00 to start.

 

[mastacoli71]

Quote from mastacoli71:

missed a decent overnight entry long near 60. that area happens to be strong support based on projected trendline from lows on Oct 4 and Nov 25.

looking to short 76 premkt / off the open but will not get very aggressive with it given what can happen on tax day as well as current market action to the upside. also willing to go long 68 and add down to overnight low.

short 76

 

[volente_00]

added 76.25

stop 80.25

first target 66.75

 

[Macho]

Sold 1 @ 137525 another on at 127800


Stop ZB 140'27

 

[volente_00]

because I like heat like pat riley









plan on flipping long at 63-67 with a 20-25 point target

 

[bigsnack]

Lines in the sand based on volume for me (at the moment)

Just as I wrote this more spikeage at 74.50's.