ES Journal - 2015

[jimmiebarton]

epic head fake, long 2040 sl 2038

it's no epic head fake (the shorts owned that hours ago); shorts are covering & banking here.

 

[Buy1Sell2]

The beauty of using small stops is that we go to the sidelines, and we review. Then we may able to use our full position at much lower prices as we could today. Trades may not work out, but trade 3 was able to be entered at 12 points below where were stopped out on trade 2.

Stopped out for 3.75 pts.

 

[Buy1Sell2]

This should point out to the casual reader, that when trading against the trend, these stops are all too large.

 

[Buy1Sell2]

DT UM long 2039.00 Initial stop 2033.25

 

[recession2016]

epic head fake, long 2040 sl 2038

-2

L 2038.5 SL 2036

 

[recession2016]

another bear flag probably

 

[jimmiebarton]

another bear flag probably

the smart shorts are saying to themselves..i'm going to cover my lottery ticket here

 

[recession2016]

the smart shorts are saying to themselves..i'm going to cover my lottery ticket here

well i'm still holding just in case

 

[jimmiebarton]

well, i sold 2080 (i didn't but wished i did) nah i ain;t covering here @ 2040..

i'm holding out for like 'hell"

 

[recession2016]

-2

L 2038.5 SL 2036

out 2042 +3.5

this is extremely bearish