ES Journal - 2015

[schizo]

Flipped short 70.00

Stop 83

Sold half @ 18.50 for +51.50

Riding the other half down to 1985, if possible.

 

[schizo]

Now that I'm out, well half out, we might see a reversal from here.

 

[Buy1Sell2]

--Swing trade 4 to 1 margin short 2097.50 Initial stop 2167.00 (Nov 2)
--Price is 2022.00 Stop lowered to 2069.50

 

[Buy1Sell2]

Sold half @ 18.50 for +51.50

Riding the other half down to 1985, if possible.

Nice gain. --In my view, if it makes sense to exit some of the trade, it makes sense to exit the whole trade.

 

[romik]

Up into close

 

[Laissez Faire]

It looks like this will be a weak close, i.e., down 1% and closing at the bottom of the range.

I'll see if I can do a historical query on similar conditions in the past over the weekend.

 

[Laissez Faire]

Up into close

New LOD more likely, IMO. That would be the US equity close at 04:00.

 

[Laissez Faire]

The last time we had a similar day like Friday, Monday gapped down nearly 100 points! :eek:

Prior that last occurence, it wasn't that dramatic and the day was contained by Friday's range, although we closed lower than we opened on all three accounts.

 

[tiddlywinks]

The last time we had a similar day like Friday, Monday gapped down nearly 100 points! :eek:

Prior that last occurence, it wasn't that dramatic and the day was contained by Friday's range, although we closed lower than we opened on all three accounts.

The last time we had a similar day like Friday --- Ah, so this was a QUALITATIVE comparison. What does "similar" and "like" mean? You've suggested there has been multiple occurrences, with a recent time factor implied. Please elaborate.

 

[romik]

There won't be any big gap down unless something happens over this weekend. It would have happened on Friday. Orderly retracement.