ES Journal - 2012

[Grandluxe]

Haha so it was a glitch....

RRD filed without authorization.

 

[ammo]

tin hat says that they don't make mistakes, it 's part of a plan,watch it unfold

 

[Lespaulr0cker]

Quote from ammo:

tin hat says that they don't make mistakes

May 2010 flash crash, Knight Trading, etc. tells me different.

Quote from ammo:

it 's part of a plan,watch it unfold

That was my initial thought speculating it was a damage control move. Whatever the reason, we all have front row seats (as I reach into my bowl of popcorn)

 

[ammo]

could be right, flash crash was an hft machine went down in asia and the firm shut off all its machines,the dominoes had started falling before the other hft's found out,

 

[ammo]

open interest last nite 0,could have been lucky or smart..maybe they will be investigated,plea lucky,pay a 5k fine

 

[Handle123]

looking to go long 1447.25

Risk 3 ticks

TP 4/12 ticks

 

[Handle123]

Long 1449.75

R 2 ticks

TP 4/8 ticks

 

[Handle123]

Quote from Handle123:

Long 1449.75

R 2 ticks

TP 4/8 ticks

plus 4/8 ticks

 

[Handle123]

Long 1451.00

Rick 4 ticks

TP 4/8 ticks

Using one minute bars it is much easier to see stairstepping ledges up for uptrend and opposite for down trend.

 

[Handle123]

Quote from Handle123:

Long 1451.00

Rick 4 ticks

TP 4/8 ticks

Using one minute bars it is much easier to see stairstepping ledges up for uptrend and opposite for down trend.

Plus 4/6 ticks

I found entering in congestion but going with trend works well, and keeps Risk tight. I do often take counter -trend trades, but many of them are based on Price action of looking for over extended Price and having Price shown me it fails to continue to trend making Secondaries. I am constantly moving the mouse checking it previous pivot highs are being broken by 1-2 ticks which tells me sustained moves are less likely to continue.