ES Journal - 2014

A channel to remember.
S&P 500 from March 2009 to today's close.

SP500 channel.jpg
 
nice trip up to supply.
LAST 64, out half 63.50, +38 ticks. stop on half remaining 54 (next level 2071)


2075 go baby
(in last half position/54 longs)

the action at meeting globex high will tell (in a few ticks here) or not (that is where I change my mind if no juice)
 
2075 go baby
(in last half position/54 longs)

the action at meeting globex high will tell (in a few ticks here) or not (that is where I change my mind if no juice)

failed juice = pretty clear scenario failed 66 ish globex down into PMI bad data.
now it looks like a bunch of nervous longs.
shorts got this.
 
Been shorting ES 2083.25/.00 and buying Jan 2095 Call options for long term trade
Selling bit more at 87.50/.25, volume declining on one minute chart. Am using 16pt protective stops, first target is 40 pts.
Shorted more at 88.50 and bought Calls,
quote]

Wednesday got out of the calls for $400-500 loss and adjusted protective stops to cover these losses, Took profit today of 40 points on entries from 2083 to 2088.50, will keep protective stops where they are and will revert to weekly charts.
 
Back
Top