ES Journal - 2013

i'm long here to.. +.128 deltas

+ BOT 1 ES AUG 30 '13 + (1) 1640 + (1) 1700 - (2) 1670 Call Combo 11.50 USD GLOBEX 14:48:26 OptTrader 5.68

i had the chance to pick it up cheaper.. but i feel good about this one..
 
Quote from cdcaveman:

i'm long here to.. +.128 deltas

+ BOT 1 ES AUG 30 '13 + (1) 1640 + (1) 1700 - (2) 1670 Call Combo 11.50 USD GLOBEX 14:48:26 OptTrader 5.68

i had the chance to pick it up cheaper.. but i feel good about this one..

Buying the low or shorting the high is not the name of the game, direction is much more important, and you got the correct one now.

Best of luck with your trade.
 
Quote from mastacoli71:

This is what big players feed off of. Confidence that a top or bottom is in. No telling and as volatility picks up day traders will be happy again.

Weekly low in looks like high probability, past that, no idea.
 
Quote from Trader.Fighter:

Weekly low in looks like high probability, past that, no idea.

The game is all psychological and the big players know that. They know where stops are, they have access to order flow we do not see, etc... Not sure how you can draw the conclusion that the weekly low is in. Not slamming what u r saying just do not understand how u came up with this.
 
Quote from mastacoli71:

The game is all psychological and the big players know that. They know where stops are, they have access to order flow we do not see, etc... Not sure how you can draw the conclusion that the weekly low is in. Not slamming what u r saying just do not understand how u came up with this.

I read it wrong, I dont agree with what I said earlier now, ended up taking a small loss. It was acting right but the U turn was brutal.

Until the next one
 
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