ES Journal - 2012

Grandluxe · Apr 30, 2012

i think we have trapped enough pple short, lets get the f*** up now

tortoise · Apr 30, 2012

Quote from Grandluxe:

i think we have trapped enough pple short, lets get the f*** up now

Could go either way

tortoise · Apr 30, 2012

Quote from tortoise:

Long at 92

[edit: entry at 91.75]

Stop 90.25

Target gap fill

I should have known better.

tomahawk · Apr 30, 2012

Could bounce, but bigger picture I see all kinds of things looking to be tested below, including a gap at 70.00. First magnet might be the hourly channel breakout around 75.00

EDIT: Scratch that; actually FIRST might be the new hourly lower TL ~ 86.

tortoise · Apr 30, 2012

Quote from tomahawk:

Could bounce, but bigger picture I see all kinds of things looking to be tested below, including a gap at 70.00. First magnet might be the hourly channel breakout around 75.00

A lot of last wed and thurs to churn through first.

gmst · Apr 30, 2012

Quote from gmst:

long 1393.5, immediately after taking this long, price went to 1392 - hard luck.

Stop 1391, target 1400

out at 1390.25, for a loss of -3.25 points.

tomahawk · Apr 30, 2012

Quote from tortoise:

A lot of last wed and thurs to churn through first.

True. Actually 90.00 was an important breakout (Thurs), but I still think 75-70 could get tested.

This is the first question, imho ...

keeptradin' · Apr 30, 2012

Quote from tomahawk:

True. Actually 90.00 was an important breakout (Thurs), but I still think 75-70 could get tested.

Am considering a long here, but this low volume is keeping me on the sidelines. Hard to see making any money when it's thin like this, nothing to push the trade. Also, CrAAPLe getting ready to test LOD, could pull ES with it.

If trend is truly our friend, best to play the short side today.

keeptradin' · Apr 30, 2012

Quote from keeptradin':

Am considering a long here, but this low volume is keeping me on the sidelines. Hard to see making any money when it's thin like this, nothing to push the trade. Also, CrAAPLe getting ready to test LOD, could pull ES with it.

If trend is truly our friend, best to play the short side today.

Short ES @ 92, Target 89.

keeptradin' · Apr 30, 2012

Quote from keeptradin':

Short ES @ 92, Target 89.

Covered ES short @ 92 B/E. Could very well test LOD, but too much shake and bake going on.

Not comfortable being in this market today, ES not behaving as it should be, IMO. Shorts will be covering soon as well.

ES Journal - 2012

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