ES Journal - 2012

[gmst]

Quote from gmst:

sim short 1405.25

adding sim short at 1406.25

Edit: sim short at 1407.25

so sim short 3 contracts for average of 1406.25

limit orders to buy:
1. 1405
2. 1404
3. 1403

 

[keeptradin']

Quote from keeptradin':

Looking to add at 07, then reduce at 05.

Added at 07, average 05, will reduce at 05.

 

[mastacoli71]

Quote from mastacoli71:

adding at 1408

add 7.5, avg short 97

 

[ammo]

Quote from ammo:

add 97.5...99...1400...1402...avg 97.75 add 05.25..avg 99

add 07.25 avg 1400 1/8

 

[tomahawk]

Quote from Laissez Faire:

Gap at 1408,25 from the cash close at 3rd of April.

Thanks for the heads up LF. Corresponding SPY # for that date is 141.26 and it just hit.

 

[Laissez Faire]

Quote from tomahawk:

Thanks for the heads up LF. Corresponding SPY # for that date is 141.26 and it just hit.

No problem.

2 ticks short on the ES. Maybe that`s all we get considering that SPY filled it`s gap (I don`t follow SPY), but it looks like ES may not be quite satisfied until it prints 08,25.

 

[mastacoli71]

at full ATR off overnight low. bidding 2.5 to reduce. heading out for the afternoon. good luck all.

 

[Laissez Faire]

1408,25 printed and the gap is technically filled.

Not saying it`s a good short, but at least it`s green light for even considering a short. That light has been red up until now.

I think 1414 and 1418 would be the next upside target if higher from here.

 

[bigsnack]

Quote from Laissez Faire:


I think 1414 and 1418 would be the next upside target if higher from here.

11.50 at the very least would make it a 20 point move off of the low. Emotionally I am right at the point where I'm like "Ah F it just buy anywhere." That usually means we are due for a pullback. I can't see us pulling back further than 1405.75's if this trend is going to stay intact.

 

[Laissez Faire]

Quote from bigsnack:

11.50 at the very least would make it a 20 point move off of the low. Emotionally I am right at the point where I'm like "Ah F it just buy anywhere." That usually means we are due for a pullback. I can't see us pulling back further than 1405.75's if this trend is going to stay intact.

Nice call.