ES Journal - 2012

[keeptradin']

Quote from ammo:

when they want to get in a better position,fool us,long or short, they pour on the media hype,which is generally devoid of facts,the heavier they pour the bourbon,the more foolish we become,if you watch them like a shady car salesman,you can ,theoretically,guess there next move, this is when you sit back and let them spin their tale, then get in with them when as it goes the other way

Along those lines is this CNBS article. They are trying to front-run a selloff...must be a slow day in the news room!!

http://www.cnbc.com/id/47562567

 

[keeptradin']

Quote from keeptradin':

Long ES @ 18.75, target 28, stop 15.75.

Covered at 18.75, B/E. We are right at the PP, so I am standing aside.

 

[keeptradin']

Quote from keeptradin':

Covered at 18.75, B/E. We are right at the PP, so I am standing aside.

Forty minutes in and the whipsaw is running full speed.

May be better to take the day off and hit the beach.

http://www.evsjupiter.com/zoo001.jpg

 

[mastacoli71]

Quote from keeptradin':

Covered at 18.75, B/E. We are right at the PP, so I am standing aside.

nothing wrong with getting out B/E

 

[mastacoli71]

Quote from keeptradin':

Forty minutes in and the whipsaw is running full speed.

May be better to take the day off and hit the beach.

http://www.evsjupiter.com/zoo001.jpg

nice! i would and it is Friday into a long holiday weekend.

 

[keeptradin']

Quote from mastacoli71:

nothing wrong with getting out B/E

Friday is my least profitable trading day, so I am hyper-vigilant about managing my risk today. Not to mention the EOM on top of it all. :eek:

 

[mastacoli71]

60min es

 

[keeptradin']

Quote from mastacoli71:

nice! i would and it is Friday into a long holiday weekend.

I will put on a short with a tight stop if we test lower and pullback, so I can cover the burgers and beer.

 

[keeptradin']

Quote from keeptradin':

I will put on a short with a tight stop if we test lower and pullback, so I can cover the burgers and beer.

Short ES @ 18.25, target 13.25, stop 21.25.

 

[keeptradin']

Quote from keeptradin':

Short ES @ 18.25, target 13.25, stop 21.25.

Stopped out 21.25, -3. No more Fridays for me.

In the interest of capital preservation I will call it a day.