ES Journal Archive (2006 - 2008)

[tommymoose]

Well I mean the first "shoulder" support being at 11:30 and the "head" being at 13:30 and then the second shoulder possibly forming right here. Then in between, they both made highs around the same level - the symmetry is important.

 

[apex82]

Quote from apex82:

long again filled at 845.80
stop at 845.10

There we go... starting to get some momentum taking profit 1 here at 847.70

second target is 849.40... if it can just popp this arearight here at 70 should get up there pretty swift

 

[princessa]

tm: oh, i thought you were talking about bottoms, not tops. i misunderstood.

apex: great calls, dude! amazing...nice breakout.

does anyone else notice that very low volume bar leads to breakout or breakdown? seems to work 9 times out of 10.

 

[apex82]

Quote from apex82:

There we go... starting to get some momentum taking profit 1 here at 847.70

second target is 849.40... if it can just popp this arearight here at 70 should get up there pretty swift

stop goes to breakeven at this point h&S was just a confirming factor... not a reason for the setup.

Watch for the smart money move into the close... indicating a gap to the upside if we have vol confirmation.

 

[osorico]

Quote from osorico:

Would've been fine had I treated it as a pure scalp. But alas. Still seeing red on YM potentially in my view down to 615 or so first "target". I don't see what you do. Good for someone I guess. Above YM 13674 I 'll change glasses.

A bit of something for everyone, long and/or short. (btw, 13674 zone hit to the tick). The difference between us is you're holding long and Im holding cash!!

Osorico

 

[princessa]

not sure what you're talking about, rich bearish dude, but i took profit at 847.9, right before the fall. i love it when the er/es is choppy like this, because it gives plenty of trading opps if you know where it's going....

 

[princessa]

awesome! another bounce!

 

[apex82]

princessa you still got some more....? look at it go....

 

[apex82]

Quote from apex82:

There we go... starting to get some momentum taking profit 1 here at 847.70

second target is 849.40... if it can just popp this arearight here at 70 should get up there pretty swift

taking profit 2 here at 849-849.20 gorgeous.. Holding this 3 rd unit scalp entry along with longer term trade target for 855..

nice way to end the day

 

[Mins]

Man IB sucks, i had sell limit at 1534.50 and a stop at break even. Hit 1534.50 and then when it came back 1532.50, for some reason a sell limit remained on the IB order (most likely my fault), i came back to the PC to realise i had sell order on at 1532.50 and basically washed out my gains on previous trade.