ES Journal - 2013

[startraitor]

Short large size 1660, stop 63, target 52-

 

[horton]

Now pushing delta on the NDX to try to print it.

 

[Trader.Fighter]

Quote from horton:

I really doubt many folks were considering a move back to the open that fast without understanding what was happening.

If the moderator or OP tells me that posting news catalysts that are relevant to the current price action is against the rules of this thread then I will oblige.

Just a suggestion, as price is faster than the time news get to you.

 

[horton]

Now at 10:45 you would scratch after that program sell if it is followed by delta reversal in NDX.

 

[horton]

Quote from Trader.Fighter:

Just a suggestion, as price is faster than the time news get to you.

I completely agree in terms of Setups. But I think news helps in terms of Scenarios.

 

[horton]

Now at 1048 NDX delta reversal so I would just quit given time of day issues in terms of algo.

 

[Lojanica]

I spent some time this am looking at possible scenarios.

A lot of money would change hands if on September options expiration if we closed above 1690-1700. End of Quarter, end of month, end of the "Bad month."

Something to think about.

 

[Visaria]

short 58.25

 

[Visaria]

out 1660

 

[ammo]

http://video.cnbc.com/gallery/?play=1&video=3000196832