ES Journal - 2014

[horton]

Exit KRE on TF 56.50 Failed Bid. Wrong side of history for me.

 

[pinkman]

Long nq 4057.5

target set for 10 points profit

 

[pinkman]

NIce. Out for +10

 

[horton]

Still focused on TF 56.50, trying to scale in for re held.

 

[horton]

TF seller is relentless...

 

[johnny_utah]

I think the party is over for now...

Established short Russell swing trade (weakest index) and long volatility:
L TZA 14.96 (inverse ETF)
L UVXY 24.33

Target TBD.

Closed both positions near the lows this morning:
Exit TZA 14.85 (-.11)
Exit UVXY 25.29 (+.96)

Even though I took a small loss on the Russell due to poorly timed entry the trade worked out well as a pair.

 

[johnny_utah]

Phenomenal action on the ES this morning. Booked +12 ticks on 9 trades.

 

[horton]

Scaled into TF 56.50 Failed Offer as mentioned earlier, last piece offered at 61.30, still negative for day though. But put KRE back on full position with one third off at 39.39 to 39.43 now. Still 40 or better objective by end of week and maybe a little more into Fed meeting.

 

[pinkman]

great day here too. Only posted one live trade here (+10) but took a few more NQ trades that I didn't have time to post , too. Fantastic action

 

[johnny_utah]

great day here too. Only posted one live trade here (+10) but took a few more NQ trades that I didn't have time to post , too. Fantastic action

Are you implying that you are getting into scalping business?