ES Journal - 2012

[Spectre2007]

Don't let stop runs shake you out from identifying the bias / trends.

 

[iloveoptions]

Quote from gmst:

I did a scalp for 2 points but I am still holding long 1 contract and will buy 1 more at 1392.5.

Why you think we will fall back from here? I think we made a pretty intense bottom, we are going back to 1402-1404 at least. My thinking could be wrong - yesterday market was very weird - so yes anything can happen, but it just looks like bottom was pretty intense.

We should test the AH highs.

 

[Laissez Faire]

Quote from iloveoptions:

We should test the AH highs.

I`m interested in an intraday short, but I`m a little reluctant until we close the gap, which also is the AH high.

We came close, maybe that was it?

 

[Pekelo]

Quote from gmst:


Why you think we will fall back from here?

We hit the upper BB. I am not saying we drop 10 points, but probably you can get long again at a lower price later on...

 

[ammo]

on a 30 minute that move was a retrace of the 96-91 spx gap and it bounced before hitting that 84-82 area,so early off a ledge on a larger chart

 

[ammo]

with the same early logic, it should make it up to the 1401 but is stopping at a lower ledge,so the volume is lighter there is not as much paper and the guys with the i can see all your orders cable subscription,are jumping in early to hog the paper, there is a chance we come back in and trade that 95-91 cleave

 

[ammo]

http://online.wsj.com/mdc/public/page/2_3022-mfgppl-moneyflow.html spy on this list again,really haven't taken too much from this but i keep watching it ,waiting for something to sink in, see if it disappears again today

 

[Laissez Faire]

Gap closed.

EDIT: And AH high breached.

I don`t see the short side now.

And too late to join the long side for me.

 

[Trvlwanderer]

swing swang swing swong....

no rhyme, no reason.

90-93 completely ignored as a price level on the way up.

free money for everyone, LOL!

 

[Laissez Faire]

Yesterday`s pivot at 1400.