ES Journal Archive (2006 - 2008)

BoyBrutus · May 16, 2007

Quote from Spooz Top:

nice work Apex.....as well as yesterdays 05 buy........i`m looking for an inside day today or tight range inside yesterdays hi/lo.....hope i`m wrong because volitility is oxygen to me.

if it works out & only if ( inside day) i`d look for tomorrows action to break todays lo to sell hard down to 80`s.
increased vol on the hi`s as well as an IVB on the 30 min chart could be lo risk sell on a position basis with stop above 19.75.

inside/outside days with nice vol on hi`s have been reliable to short term tops......i was stopped yesterday at 19.50 on position acct but reentered 18.75 for the reverse south bound i anticipated due to price action & IVB followed by an OVB on the hi.(30 min chart)

ST - IVB OVB ???

Spooz Top · May 16, 2007

Quote from BoyBrutus:

ST - IVB OVB ???

IVB = inside verticle bar

OVB = outside vert. bar or for the candlestickers a dark cloud cover.

ryank · May 16, 2007

Quote from osorico:

Plenty 'o ES experts around here.
Besides, for me, ES ranks 4 out of 4 (YM,ER,NQ,ES) for various reasons.

Osorico

I'm putting NQ in the penalty box :mad:

. No more trades there for a while. Will stick with ES, YM and ER for the time being. :mad:

No ES trades yet today.

apex82 · May 16, 2007

Quote from apex82:

Bias will be bearish if and until 1513 is taken out.

R1 1512.50-1513.50

R2 1515.50-1516.50

R2 1522-5123.50

There we go... was being resiliant but finally closed the gap right from the first resistance which was also the line in the sand in terms of bias.

mbusch · May 16, 2007

Quote from apex82:

Quote from apex82:

Bias will be bearish if and until 1513 is taken out.

R1 1512.50-1513.50

R2 1515.50-1516.50

R2 1522-5123.50

There we go... was being resiliant but finally closed the gap right from the first resistance which was also the line in the sand in terms of bias.

More...

Apex, are you short ES, or are you looking to go short?

I'm short ES from 1512.00 and short NQ from 1887.25.

apex82 · May 16, 2007

Quote from mbusch:

Apex, are you short ES, or are you looking to go short?

I'm short ES from 1512.00 and short NQ from 1887.25.

I just took profits 1 and 2 at 1508-1509 just short with a tight trailing stop. Market looks ready to rally so I may enter long soon on other account

apex82 · May 16, 2007

Long es here at 1507stop at 1506.50 2tick stop

EDIT:stopped out

Buy1Sell2 · May 16, 2007

NQ will be interesting to watch as it has taken out yesterday's low. These are good times to then catch upside reversals. Of course, you would only get long on a nice rebound from taking out the low.

ryank · May 16, 2007

Quote from Buy1Sell2:

NQ will be interesting to watch as it has taken out yesterday's low. These are good times to then catch upside reversals. Of course, you would only get long on a nice rebound from taking out the low.

That dip in NQ sure helped me out

. Still putting it in the penalty box for a while though. Missed an ES trade while I was getting myself out the damn NQ trade. Oh well, the ES trades are like buses, if you miss one another one will come along.

wave · May 16, 2007

Buy1Sell2-

I want to apologize for losing my cool with some other ETers in your thread. It's allergy season, nerves are shot from the sneezing and runny nose. Heck, I even aplogogize to those I was bickering with. It's not my style.

http://www.empowermentresources.com/info2/childrenlearn.html

Regards.