ES Journal - 2013

hard for me to establish a long with the gap below and the big bounce just a few days back.

Nonetheless, we have every reason for a "long" environment in the mid and long term for several reasons.

Not willing to sweat through a minor correction (big) to maintain a long in ES.

Long is SPY, yes.

I know you are long as a scalp/short term trade gmst.
 
Quote from Trvlwanderer:

hard for me to establish a long with the gap below and the big bounce just a few days back.

Nonetheless, we have every reason for a "long" environment in the mid and long term for several reasons.

Not willing to sweat through a minor correction (big) to maintain a long in ES.

Long is SPY, yes.

I know you are long as a scalp/short term trade gmst.

Similar to me. They way I'm looking at this right now is I want to be long but I expect at least some of that gap to be filled.

I think anything below 1412 (61.8 retracement) is dangerous for the bulls so I will have a stops below there.

Just waiting for better prices.....hopefully we don't blast off to infinity first.
 

Attachments

Quote from Trvlwanderer:


I know you are long as a scalp/short term trade gmst.

Sorry, didnt read your post :)

Yes it is strictly an intra-day trade for me. I am already out of it.

However, Now I have re-entered long @ 1452.25 with a 1.75 point stop. Trading 2 cars on this one, as not very convinced. But for an intra-day long, it seems like a good spot, limited risk.
 
Quote from tortoise:

why are these markets comatose?

Because I decided to stay home and try to trade...sigh:(

Never fails to break out when I think nothing is going to happen and leave. Willing to take $$$ to leave...just send to my paypal acc:p
 
Back
Top