ES Journal - 2014

[ammo]

sh the nq 3697, 3608 bid 10 pt stop
http://i.imgur.com/LrYXVCb.png
http://i.imgur.com/PHWuWUK.png blue line
http://i.imgur.com/QnHmAHU.png same blue line

reduce 1/4 65.5

 

[iloveoptions]

How do you figure ?

Uptrend intact, despite a lot of noise.

 

[ammo]

didnt get the 36 area , add 46.25

37 bid for reduce.....cxl bid

 

[ammo]

break and retest of this neckline

 

[pinkman]

T day could be a n absolute beauty if we stay so oversold like this going into tomorrow

 

[shfly]

T day could be a n absolute beauty if we stay so oversold like this going into tomorrow

Oversold? You probably meant overbought...

 

[iloveoptions]

Oversold? You probably meant overbought...

He's long from 1855, so the market always looks oversold from a long's point of view.

 

[ammo]

hope y'all are trading the market and not the acct...or ...hope what's in your head is the same as what's on the screen

 

[tradingjournals]

Minus QQQ @ 90.79

It appears that I am the only on the short side in this thread today.

That was the precise top both in time and price-- Worked very nicely!

The model that nailed it was the "FTS" model. FTS= Fade ...

 

[tradingjournals]

No good R:R that justifies a short at this level.

Curious to know what made you think the R:R was not good?