ES Journal - 2016

der_kommissar · Feb 10, 2016

Usually you average in, so what's different this time?

der_kommissar · Feb 10, 2016

anybody watching usd-jpy?

jimmiebarton · Feb 10, 2016

der_kommissar said:
Usually you average in, so what's different this time?

whats so wrong with averaging in?

i can't see the future, so i avg the future

der_kommissar · Feb 10, 2016

jimmiebarton said:
whats so wrong with averaging in?

i can't see the future, i avg the future

I didn't say there was anything wrong, I'm asking why you aren't doing it, if you believe it bounces to 1845.

recession2016 · Feb 10, 2016

jimmiebarton said:
the bulls are not dead...

pretty nice ramp off Monday..what do you think there just going go away?

i can see 1850 from here but i'm not greedy ..1845

oil needs to bottom for any sort of es rally to keep steam

jimmiebarton · Feb 10, 2016

der_kommissar said:
I didn't say there was anything wrong, I'm asking why you aren't doing it, if you believe it bounces to 1845.

ok, good q.

no momentum to gauge. now i'm stuck with the chart. and, i did pretty good today...

and i don';t feel like hanging it all out right now.

it's not one thing

romik · Feb 10, 2016

I would have been interested in a long here with a tight stop.

recession2016 · Feb 10, 2016

romik said:
I would have been interested in a long here with a tight stop.

why don't you cover your short positions and go long then?

jimmiebarton · Feb 10, 2016

1845 is not a miracle from here

Monday big ramp

Tuesday big ramp

we're about 50% retrace from there..

draw a line thru 1840, thats the top of Monday, and Tues kinda lied it too

jimmiebarton · Feb 10, 2016

the bottom line is can't discount those ramps, imo.

someone was interested enough to buy about 4 bottoms

bottom line is we squirrel our way above 1840