ES Journal - 2016

[JSSPMK]

May head down for a bit, will be met by more buyers. Daily move hasn't run it's course. No idea why you are going against the trend, maybe read too many Marketsurfer's posts.

 

[Handle123]

Long Term of fading new highs or new lows based on nine year charts, been doing this very long time, and being hedged helps a bunch.

 

[Buy1Sell2]

Day trade short 2206.75 Initial stop 2209.00

Stopped minus 2.25 pts

 

[Buy1Sell2]

Swing trade short 2204.00 Initial stop 2222.25. Swing trades are at 4 times margin

 

[JSSPMK]

Unlikely to gain anything of substance shorting until daily chart is ready to flip phase.

 

[CBC]

Looks like we've picked up a micro bit of vol, from the open the move was 9.25. Support and resistance trades would have picked up a nice short when it hit the 2209.50 resistance level.

 

[Buy1Sell2]

Day trade short 2208.25 Initial stop 2214.00

 

[Buy1Sell2]

This trade is at 6 times margin as I have already committed 4 times margin on the swing trade I have going.

 

[CBC]

It looks like a lot of news is been released today. IV on todays EOM expiry was a lot higher than I expected.

 

[Buy1Sell2]

It looks like a lot of news is been released today. IV on todays EOM expiry was a lot higher than I expected.

what does that mean for direction