ES Journal - 2013

Quote from Laissez Faire:

drownturd,

I said you should put him on ignore, just like I'm doing with you now.

PS: You're very gullible if you think everyone else here posting entries and exits offer 100% transparency and honesty about their trading activities.

Actually, gullible would be a compliment.
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lol dude, go count your pennies. The world would end if you posted a call to this trading website.
 
Lots of clues that the morning action was going to be a strong push up. Me like !! Pretty easy to grab a few points.

Unfortunately, this 94-98 area is very congested due to yesterdays action. Going long towards the bottom part of this range or short towards the top seems like the safest plays for the next couple hours.
 
Quote from horton:

I think they are pressing higher for the Fed Meeting as everyone thinks they will try to talk down rates. We just keep floating up into that event next week.
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SPX 1710 Touched remains the agenda into the Fed Meeting that concludes tomorrow. The Summers news just pushed it along. After that I assume a shake out next week.
 
Quote from Trader.Fighter:

The psychological curse to short high even if it means shorting a strong uptrend has probably killed more traders than Nazis killed Jews.
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Yes, certainly if the rationale for shorting is that 'the market has gone too much up' and 'must go down'.
 
Quote from Trader.Fighter:

The psychological curse to short high even if it means shorting a strong uptrend has probably killed more traders than Nazis killed Jews.
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shorting at res is a lot different than shorting because....
 
A price level could only be deemed resistance if it actually acts as resistance, yes?

So, until it acts like resistance, it's only potential resistance, no?

And with a back-fill market like ES, price levels are usually tested more than once, so why be early?

:confused:
 
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