Wow, I take a long lunch and look what happens!!
Hope you guys covered those shorts, this thing is moving...:eek:
Hope you guys covered those shorts, this thing is moving...:eek:
ES Journal - 2012
- Thread starter Buy1Sell2
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I want to be short, I expect another august 2011. Shorted in the morning but covered for a loss. I still remember the freight train that was June 2011, so just opted for some options instead.
Now you tell me...lol
The market has a funny way of taking our bias and shoving it down our throats.
Too soon to tell if this is a pullback in what was starting to look like a break of the uptrend line from last October. For now the uptrend appears to be intact.
60min ES. I offered 2 pts above the high overnight thinking it was a decent short. I should have waited more patiently for it to hit the top of the trend channel. Black lines define trend channel from daily time frame.
As much as I don't want to say this given my current short position, 1405 - 1410 is very possible tomorrow if GDP report and Mich sentiment surprises to the upside. Gulp!!!:eek:
If that happens, I'll have to call Roto Rooter to clean me out
Here's a 60 minute chart.
Notice where the majority of the volume is each and every day: the first hour.
:eek: 
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