ES Journal - 2016

[Handle123]

so is everyone long yet?.. you think the market will have standard deviation of one or greater before elections?.. either way the market is screwed, its just a matter of how many short stops and ultra long VIX ETF buyers it can kill before the nosedive. Best bet is to wait the week before lections to get short and hold the short...............

Am just selling new contract highs and hedged, eventually like everything else, last trade is the best trade, but can do well in between when like ES drops 40 points can unload half position.
Triple lows on the sixty minute, am guessing going up as Crude Oil and Oats are up 2 cents.

 

[Buy1Sell2]

Day trade short 2174.75 Initial stop 2176.25

 

[Buy1Sell2]

Day trade short 2174.75 Initial stop 2176.25

Still short

 

[Buy1Sell2]

15 now beginning to show bear flag. I'll remain short

 

[Buy1Sell2]

Day trade short 2174.75 Initial stop 2176.25

Out at 2169.50 for 5.25 pt gain

 

[Buy1Sell2]

Nowhere near oversold condition yet. Keeping the short position trade on for now. It will be interesting to see if the last top holds. It's been tried twice now.

 

[Overnight]

Yellen is gonna' yell tomorrow at 2PM ET. All eyes are on her now. Use caution.

 

[Buy1Sell2]

Yellen is gonna' yell tomorrow at 2PM ET. All eyes are on her now. Use caution.

Thanks. I don't really pay attention to news items though. I think it adds another layer of thinking that I have to be correct with.

 

[Overnight]

Thanks. I don't really pay attention to news items though. I think it adds another layer of thinking that I have to be correct with.

Well, this yellin' of hers, this time, has a high anticipation rate. The bond market is currently like a coiled spring, and if it "sproings", the effects could reverberate through many instruments. All I can say is, use caution tomorrow.

 

[Buy1Sell2]

Nice sell off-- a litle too quick for my tastes. Will not initiate a new day trade short at the present time.