ES Journal - 2012

[trickshot]

ECB headlines again...

 

[ajcrshr]

ECB stops monetary operations to some Greek banks as recapitalisation not in place, according to ECB sources

 

[mastacoli71]

Quote from mastacoli71:

add 32.5, avg long 34

add 29.5, avg long 32.75

 

[DanS]

long30.50 target 45

 

[Laissez Faire]

Quote from DanS:

long30.50 target 45

May I ask why?

Not saying you won`t get it, but it seems risky down here.

 

[ammo]

this is 10th day of this move, old in house rule,the broker need's to hold the position for personal trading acct ten days

 

[tomahawk]

Quote from Laissez Faire:

May I ask why?

Not saying you won`t get it, but it seems risky down here.

Speaking out of turn here but ... seemed like a good scalp at least: 50% p/b of move off low, overextended from ema's on the hourly, and local R10 (for the cherry on top).

 

[Laissez Faire]

27,75.

Then 25,50.

Possible that we may visit the globex lows if yesterday`s low does not stop us.

 

[Laissez Faire]

Quote from tomahawk:

Speaking out of turn here but ... seemed like a good scalp at least: 50% p/b of move off low, overextended from ema's on the hourly, and local R10 (for the cherry on top).

The entry was excellent (kudos), but the reason I asked was the target of 45. I just did not see it.

I generally find it very risky to go long when we`re in the process of filling a gap below, as they usually get filled during that session when the gap fill has started.

Still not sliding here, but I think we will sooner or later.

 

[Laissez Faire]

Ideally, we meet resistance around 34 if lower.