ES Journal - 2012

[bigsnack]

It's good to see the old crew back (sniff sniff) We're above all of that volume around that 83 area, if we pop higher again, I think we are in for some serious gas to the upside. This looks like the test above, so there's definitely a chance for a breakout failure. as well.

 

[volente_00]

added 85.75

 

[tortoise]

AAPL diddling with 600. For chrissakes...

If it can't break through, the rally's done for today

 

[ammo]

gs earnings kicked this off, they had vol spike on opening and are now not making morning highs, uvol/dvol is 10/1 trendday but sustaining high ratio rare,maybe 3 or 4 times a year on real news

 

[mastacoli71]

Quote from chaykapwr:

Im calling bullshit on this. Either that OR your system is total shit. The Math will explain.

You started shorting and adding at

72.5...74.5...76.25...77.5...79.25...79.5

Lets assume it was 1 contract each for simplicity.

You then added at

81.25 and 84.25 and said that your average was roughly 79.5.

This means before the add you were in for 6 contracts, this means to get an average of 79.5 you had to have added 3 contracts and 81.25 and 3 at 84.25. In other words, you had to DOUBLE your position.

I doubt you did this.

BUT lets say you did.

This proves what ive been saying for months with you, when you win you win on your small size (first 2-3 contracts he enters with) and make 10 points. But when you lose, you lose big (12 contracts) for -5. You do the math, see how long this system will stay profitable.

If you get stopped out here, you lose ALL the gains youve made. Or at least a significant portion

wow dude, why do you care what someone else is doing? are you here to prove someone wrong or are you here to trade?

 

[HurricaneUS]

we need more shorts to fuel this rally....anyone else want to short?


ammo, volente, mastacoli.....your country needs you.....

 

[tortoise]

Quote from tortoise:

AAPL diddling with 600. For chrissakes...

If it can't break through, the rally's done for today

AAPL busts out. If she holds over R1, and we hold over 1385, we'll close today at the highs.

 

[sttrader]

Quote from sttrader:

Almost there. No such thing as coincidence in the markets.

Gap from last week filled. One more gap higher up. So far, nearly straight up almost 30 points.

 

[chaykapwr]

Quote from mastacoli71:

wow dude, why do you care what someone else is doing? are you here to prove someone wrong or are you here to trade?

Both

 

[tomahawk]

Quote from trickshot:

ES never traded anywhere close to 96 on the 12th.

The is a huge cash gap on the 9th, SPX will have to trade to 98 to fill it.

My bad, I was looking at 86.