ES Journal - 2013

[mastacoli71]

Quote from Trvlwanderer:

So....now we "can't"? Missing the logic here my friend.

I guess I've seen too many things for these many years to believe something "has to" this, or "can't" do that.

It will do exactly what the buyers and sellers' actions dictate.

Point being it is looking like May until it doesn't.

Logic is price action; it is what I am using. 6/18 high is 1648.75. Closing above this tells me has legs to run. Closing below tells me rejection. Not saying it can't or has to do that.

 

[iloveoptions]

Quote from iloveoptions:

Asking 1644 on a short, adding at 1655, stop 1664.

Out of this trade for + 1.50 . Not much going on.

 

[iloveoptions]

Longed 1643.25 add 1637.75 stop 1632.5

 

[startraitor]

Should be a rug pull setting up on the dip buyers today-tomorrow.

 

[iloveoptions]

Quote from iloveoptions:

Longed 1643.25 add 1637.75 stop 1632.5

Out 1647.5 for +4.5

 

[Trader.Fighter]

ES hit 1660.75 in after-hours.

 

[iloveoptions]

Short 1660.25, add 1672 stop 1683

 

[sttrader]

Quote from sttrader:

Short at 43.5. Will add higher if market rises.

Add at 61.5.

 

[Builder17]

Think a move like this wil not have follow thru tmrw rth??

 

[Trader.Fighter]

Quote from Builder17:

Think a move like this wil not have follow thru tmrw rth??

Hard for me to understand the techniques of some of the fellow traders in the journal. Mostly counter traders, adding to heat and using large stops, basically opposite of what I was taught and do... but I guess that is why they call it a market.

Best wishes to everyone.