ES Journal - 2014

Daring · May 5, 2014

mastacoli71 said:
Mkt always shows its hand ahead of an important news release. New highs coming to bust us out over 1900 tomorrow. Perfect for the TDAY BOYS!

Wow, so if we only trade before news releases, we would have close to or 100% accuracy!

What makes this so hilarious is that many seasoned traders choose to stay out of news releases until the storm settles, but hey, this is ELITE trader we know the news before they happen, most important, how the market will react.

RichardRimes · May 5, 2014

mastacoli71 said:
Mkt always shows its hand ahead of an important news release. New highs coming to bust us out over 1900 tomorrow. Perfect for the TDAY BOYS!

Trying a little bit of reverse psychology there mast?

mastacoli71 · May 5, 2014

RichardRimes said:
Trying a little bit of reverse psychology there mast?

if u can't beat them join em.

mastacoli71 · May 5, 2014

Daring said:
Wow, so if we only trade before news releases, we would have close to or 100% accuracy!

What makes this so hilarious is that many seasoned traders choose to stay out of news releases until the storm settles, but hey, this is ELITE trader we know the news before they happen, most important, how the market will react.

And if you have seen me post in the past I am a perma bear. I am joking around although the prediction is prob not far off base. I wish i could get myself to trade long. Hats off to pinkman and ammo both. They stick to a strat, have rules, and both kill it.

ammo · May 5, 2014

Mo06 said:
" bid for reduce, done for the day "

Care to post a translation into English ?

swing trade ,short x number of contracts from avg price of y, bid to reduce size by buying some @ price z , unfortunately we didn't get there

ammo · May 6, 2014

Long 75 5 ,2 pt stop, reverse at 79 25
Quote:

add 76 5.....77 25..78.5
add 79
avg 78. 29.....72 bid for reduce
add 81 25..avg 80.25 reduced 78[/QUOTE]add 83 25..avg 82. 4
reduce 72.75[/QUOTE]
reduce 61

ammo said:
put these back out 72

add 76 5[/QUOTE]avg 81.4.... reduce 72 5
http://i.imgur.com/7f84G0D.png 10 day including globex

ammo · May 6, 2014

nearest large support spx
http://i.imgur.com/nOpQ6mg.png 72.5 area

ammo · May 6, 2014

could turn into a trend day
http://i.imgur.com/p0xTiRC.png

actionzip54 · May 6, 2014

ammo said:
could turn into a trend day
http://i.imgur.com/p0xTiRC.png

Can you explain what you are looking at ammo?

The fact that the Uvol line is still rising while the sp is selling off? Meaning that volume is picking up or staying steady on the move down?

RichardRimes · May 6, 2014

chop and churn with short bias agree...we'll see if we string 2-3 down days here in May.