ES Journal - 2013

hitchslap · May 15, 2013

Quote from hitchslap:

little drop there on the 1minute chart could be a good long area to get in for those not yet on the bus.

hope someone took that advice! was a bargain there on that drop.

startraitor · May 15, 2013

I'll wait till things are on sale around 1575.

Quote from hitchslap:

hope someone took that advice! was a bargain there on that drop.

hitchslap · May 15, 2013

Quote from hitchslap:

long 52

moving my target up to 1668. Looking very strong. Would like a +16 points profit today for this trade

Builder17 · May 15, 2013

s 57.25
stop 59.25
t 49

iloveoptions · May 15, 2013

Quote from iloveoptions:

Adding at 1659.25 and 1672, stop will then be at 1685. I'm targeting 1620 in the next 7 trading days.

Filled. 1651.62 is my avg. One more add and I'm done.

tortoise · May 15, 2013

Quote from hitchslap:

moving my target up to 1668. Looking very strong. Would like a +16 points profit today for this trade

Thanks for clearing my head. I was getting a little complacent about the long side, but your posts jolted me awake...just in time

iloveoptions · May 15, 2013

Quote from ammo:

MAXED

Alright man, hang in there. Even if you end up taking a loss on this one, you still made a lot of money with your previous positions the last 12 months.

Builder17 · May 15, 2013

holy crap im rich$#@!!$

:]

gmst · May 15, 2013

Quote from iloveoptions:

Alright man, hang in there. Even if you end up taking a loss on this one, you still made a lot of money with your previous positions the last 12 months.

Intensity of the move up today was extremely surprising. However, NASDAQ just stayed put whereas ES rallied massively. Something had to give way.

The way ES is correcting now, its clear which one was right.

I am not sure if ammo will come out this trade winner or not, however I am 90% sure that ammo will definitely get an opportunity to get out at scratch if he wishes.

Also, I can't believe for my life that 3000 in nasdaq will not act as resistance. It has to - if not for a 200-300 point correction, at least for a 50 point correction.

iloveoptions · May 15, 2013

Quote from gmst:

Intensity of the move up today was extremely surprising. However, NASDAQ just stayed put whereas ES rallied massively. Something had to give way.

The way ES is correcting now, its clear which one was right.

I am not sure if ammo will come out this trade winner or not, however I am 90% sure that ammo will definitely get an opportunity to get out at scratch if he wishes.

Also, I can't believe for my life that 3000 in nasdaq will not act as resistance. It has to - if not for a 200-300 point correction, at least for a 50 point correction.

Fear of losing money should bring in some selling. Also, the beauty about were the ES is in the mid 1650's, you don't need more than a 2% pullback to get back to even in ammo's case or make money for shorts, because that would equal 30 some points in movement.