ES Journal - 2012

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Oscillating around "fair value". Friday's close, the 50% level and the pivot point.

Quite frankly, I`m sure the HOD/LOD is in for today. I had a losing day and stopped trading at 1130, recognizing this market for what it was.

Hopefully tomorrow or Wednesday can be better! I fear we may get the same slow grind tomorrow. There is a news report pre-market and the FED meeting starts tomorrow, so who knows...
 
Quote from Trvlwanderer:

Added at 1418.

Stop" flexing around the s band and pivot 1414-1416. May need some room.

TGT same

Out all at 1419.00 May leave some on the table, but don't want the overnight 10 point swing.

Staying long with a large stop range on a position with SPY.
 
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