ES Journal - 2013

Divergent lows in the channel support area and two unfilled gaps in a row.

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Still holding one and after some thought adding one for tomorrow at 1638. Call me a parrot or broken record, still expecting a close much lower for the week.

startraitor


Registered: Jan 2008
Posts: 3396


08-29-13 02:47 PM

added 41.25





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Quote from startraitor:

Short 41.50, add 43, stop 45.50 for the day.
 
Supposedly Kerry is going to have an announcement on Syria at 1130 CT. So right now Europe is in the midst of month end rebalancing and it is pretty clear that included selling equities across the board as well as some movement back into treasuries.

So what happens if Kerry comes out dovish 30 minutes before the London desks close after they all sold equities ahead of the event and into month end?

Worth watching...
 
Quote from horton:

Supposedly Kerry is going to have an announcement on Syria at 1130 CT. So right now Europe is in the midst of month end rebalancing and it is pretty clear that included selling equities across the board as well as some movement back into treasuries.

So what happens if Kerry comes out dovish 30 minutes before the London desks close after they all sold equities ahead of the event and into month end?

Worth watching...
More...

And no I am not long already. I caught the move off the open in the NQ but exited early on the shakeout at that first test of the ES IB. Algo AAPL pump and dump as usual and I fell for it.
 
My suspicions with regard to a continued slow rise were confirmed with weakness today. But I am staying flat onmy swing/daytrading account through the holiday weekend. I seee no edge.


My longterm account is short and has been for over a month. I will continue holding the short.

Done for the day. Have a good holiday
 
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