ES Journal - 2014

[MadSpeculator]

sell 1911.75 here for 2 handles

Yes, looking at that trade. But still little too early for me. But, looks like the stars are lining up!

 

[CoolHandLuke]

Yes, looking at that trade. But still little too early for me. But, looks like the stars are lining up!

by the time you figure it out, it's over

 

[bigsnack]

by the time you figure it out, it's over

This one might have been over before it started.

 

[pinkman]

Long spy 191.60

Looking good.
Would like the Tday boys to really ramp this up soon.

 

[actionzip54]

Looking good.
Would like the Tday boys to really ramp this up soon.

Dude we traded like 3000 contracts from 12:00-12:10. Nothing is going to ramp this market up.

We may trade less volume than yesterday unbelievably....

 

[Brianharvey]

Same old.
Profit hit at 191.60 for a nice little +140 cents profit. (14 ES points move)

nice
I estimate that you've posted about 600 calls; averaging about 7 ES points profit per trade at a guess. Do you only trade ES/Spy/dia? No stocks/fx/etc?
I only trade equities at the moment

 

[bigsnack]

Dude we traded like 3000 contracts from 12:00-12:10. Nothing is going to ramp this market up.

We may trade less volume than yesterday unbelievably....

And yet we keep going up!

 

[CoolHandLuke]

This one might have been over before it started.

the short is still in ply.

the call for the stealth top..well you make that choice

 

[pinkman]

The volume : price relationship isn't as most seem to think

 

[bigsnack]

A lot of people don't understand the volume : price relationship.

Agreed, and I know I don't which is why I stopped looking at it. That being said, when I did look at it, it always felt as though it took a large volume event to initiate a reversal. As long as volume continued to taper during the course of a trend, it would continue...