ES Journal Archive (2006 - 2008)

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Quote from mbusch:

At 04:45 EDT
L 1548.25
SS 1547.25 (1 point)
PT 1553.25 (5 points)

Beautiful reversal right at support at 1547.75, caught it right to the tick. Whether it goes anywhere remains to be seen.
At 06:24 EDT, out of trade via trailing stop at 1551.25 for +3. Now flat.
 
Quote from mbusch:

You placing any bets on direction of said fireworks? Did you say you were long (or going long)?



If I previously said I was bullish at ~ 1547.50 do you think I am playing short ?

:confused:
 
Quote from wave:

That was sweet. Fireworks to the short side played out nicely.
Yes, anyone who was awake at 7:30 ET (I was not) had a nice opportunity to go short right at the 1554-1555 zone. Nice sharp reversal right where it was supposed to happen.

I'm showing support at 1548 and resistance at 1554.50, both plus or minus .50 or so. We might just wind up range-bound in that range today, but a break above 1555 could mean one more run to contract highs, and a break below 1547 would be a great place to go short for a 30-point ride.

If Apex posts his zones this morning, use them and ignore mine. :)
 
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