ES Journal - 2015

[satchel]

Last 1980.25 bingo

 

[satchel]

Target 76
Stop 97

Shorted 92

Flat 1981 +11 wasn't expecting it this quick A/H

With Vix going out on the high, another volatile night, more selling to come.

 

[satchel]

posted 86 as 1st support. okay bounce 1985.25 to 93 (kinda perfect within 3 ticks).

now 1980 is the next short target, (bigger TF our descending channel January 9 has 1976 std deviation)

We go there.

Last 1972.50...hit the std deviation channel January 9th slope. Could be bottom. Limit long at 78 waiting.

 

[satchel]

dbl bottom or cut loss. interesting moment ; - )

 

[satchel]

Limit long at 78 waiting.

stop low day

 

[Buy1Sell2]

--01/12/15 Filled on this order short
at 2019.50 and initial protective buy stop has been placed at 2063.75.
--01/13/15 Maintaining buy stop at 2063.75
--01/13/15 after hours. Will maintain buy stop here at 2063.75. Price currently 2017.25. staying short for now.
--01/14/15 after hours. Price is 2009. Will exit trade at end of business tomorrow if we close above 2050.
--01/16/15 afterhours. Price is 1975. Will exit trade at end of business 1/16/15 if we close above 2045

 

[satchel]

flat L 82.25 +4.25, +15.25 day. need sleep. 90 was target.

 

[Builder17]

--01/12/15 Filled on this order short
at 2019.50 and initial protective buy stop has been placed at 2063.75.
--01/13/15 Maintaining buy stop at 2063.75
--01/13/15 after hours. Will maintain buy stop here at 2063.75. Price currently 2017.25. staying short for now.
--01/14/15 after hours. Price is 2009. Will exit trade at end of business tomorrow if we close above 2050.
--01/16/15 afterhours. Price is 1975. Will exit trade at end of business 1/16/15 if we close above 2045

If you see 2045 as possibility for Friday, how come not cut it sooner before it gets to that price? Especially with all the profit you currently have on the trade. You've obviously been trading markets for a long time and recognize when those moves could be in the process of happening.

 

[satchel]

Glad to have exited poke long last night, did not have a good feeling about PA and going with an overnight. Now still stuck in same zone.

ES pivot 1998. About the only thing you can count on is the USD continuing climb.

Euro short still looking good ( 1.18 ( - : )

 

[Zodiac4u]

If you see 2045 as possibility for Friday, how come not cut it sooner before it gets to that price? Especially with all the profit you currently have on the trade. You've obviously been trading markets for a long time and recognize when those moves could be in the process of happening.

This is his style of trading and for many years he's been asked these same type of questions. Just sit back and enjoy the show.