ES Journal - 2012

[gmst]

Quote from Trvlwanderer:

No issues with IB here....knock on wood.

Thanks for feedback. Maybe its my connection, need to get it checked.

 

[gmst]

sell one more at 15.75, 1 point stop

 

[Trvlwanderer]

Quote from Trvlwanderer:

L 1414.00
TGT 1420-1422
stop LOD +2

Out at 1415.
too many mixed signals

 

[gmst]

Quote from gmst:

sell one more at 15.75, 1 point stop

covered at 14.75...its taking a long time to go down, so reducing risk here.

Still short 1 ES from 1413

 

[gmst]

Quote from gmst:

covered at 14.75...its taking a long time to go down, so reducing risk here.

Still short 1 ES from 1413

damn, its breaking down now....i needed to wait for 3-4 more minutes

Anyways short 1414 again, stop 1416 on both contracts

 

[Laissez Faire]

Not really sure it`s breaking down at all.

I wish, but it does not seem like it. If, I think 1415 needs to act as resistance from here.

 

[gmst]

Quote from Laissez Faire:

Not really sure it`s breaking down at all.

I wish, but it does not seem like it. If, I think 1415 needs to act as resistance from here.

you are correct....very tight trading so far today..


I am out of my add at 1414 for a scratch.....just 1 short and stop at 1415....lets see.

 

[Trvlwanderer]

trans leading the down move, but dow and naz remain on an upsloap.

good for 1/2 point scalps, but too choppy for me and 4-10 point bets.

long bias.

 

[Laissez Faire]

Bigger picture, we have higher lows on each push down. On the other hand, it`s a lower high as well.

Is it true that the last day(s) of the month generally are bullish? Window dressing?

I need to do a study on that. Taking a quick look, the last day of October and September were down days.

4 point range here. Something has to give eventually.

 

[gmst]

flat @ 1414...lost 3 ticks doing all this.

hard to trade till we see some clarity.

Edit: once again 3 minutes after I closed my trade, it broke down....well, tough day it seems.