ES Journal - 2012

[Lespaulr0cker]

Quote from NoDoji:

I'm all in long!

You may want to consider a hedge

 

[Trvlwanderer]

Quote from gmst:

short 77.5

how much room are you giving it g?

 

[gmst]

Quote from Trvlwanderer:

how much room are you giving it g?

2.5 points. if stopped out, will try to short again in 82-84 region.

 

[NoDoji]

Ascending triangle on the 5-min. If it breaks out, there's a convergence of resistance at 1389.00 (20-day EMA and previous lower trend line "S becomes R").

That would be Tomahawk's paleolithic Jun/July/August LTL

 

[Laissez Faire]

No way I`m buying this market today. Just not sure it`s a good sell either, although I think we may pull back a little from here.

Tough day so far.

 

[gmst]

Quote from gmst:

short 77.5

stopped. -2.75 pts

 

[gmst]

put in an order to sell at 85. will hold overnight for 75 or better target.

 

[BSAM]

How many of you will take a trade before a major economic report is due out? (I'm mainly talking about taking a trade between 0930 and 1000.)
Your thoughts?

 

[iloveoptions]

I'd love to see es touch 1383 before day is over. But I'm more than happy to see it touch the 1380's that early in the week. I learned my lesson to never heavily short this market, and for longer durations during end of year market holiday weeks.

 

[Trvlwanderer]

Quote from BSAM:

How many of you will take a trade before a major economic report is due out? (I'm mainly talking about taking a trade between 0930 and 1000.)
Your thoughts?

On occasion depending on other factors. One is extreme of the range on the daily and hourly. Slightly more so if at the bottom of the range for a long trade setup.