ES Journal Archive (2006 - 2008)

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expected tests in ES sep contract 1468-98 (30 point range). The battle will be waged at 68, if it holds it, then 98. Wallstreet/FED needs equities to rally today, if they don't the depressive sentiment globally will spiral. Credit spreads will get worse, exposing more global banking issues.
 
Quote from kinggyppo:

did anyone ask big Al what we do tomorrow?:confused:

Actually, Maria did last night....

Also, Spectre, could you cut the bullshit and other Zen references? If you post an entry and stop loss, we take it as you actually did it. So far as I am concerned (and looks like I wasn't the only one confused) you went short big and your stop loss got hit.

Please feel free to clarify...

P.S.: Why you were short when you were expecting a rally into the close is still a mystery...
 
bottom fishing paid off last night.....fllled on 5 out of 10 between 85.25 & 87.25.....kicked them here @ 91.50/92.00 after a good nights sleep without having to watch PA on the overnight.
 
Quote from volente_00:

Doing something that one should never do, but only because I see something in the chart that is worth the risk








Stop is moved to 85

Hope you streched that stop, because that was a great call.

JJ
 
Quote from Spectre2007:

... sayings from Sun Tzu which would seem appropriate to the market and the trader.

Therefore One hundred victories in one hundred battles is not the most skillful. Seizing the enemy without fighting is the most skillful.

So it is said that if you know your enemies and know yourself, you will win a hundred times in a hundred battles. If you only know yourself, but not your opponent, you win one and lose the next. If you do not know yourself or your enemy, you will always lose.

War is of vital importance to the state and should not be engaged carelessly
I appreciate the stories and other commentary Spec. Please keep'em come'in.

Especially the allegories on war, because it most certainly is an appropriate metaphor, and the particular tale you recited should be etched on every trader's psyche. Hell look at the people who run through here daily "Oh, I just Blew My Account!", "Where can I find a Mentor?", "Can anyone help me with [fill in blank]!", "Watch me average down against the trend and shred my account"!.
***
If any johnny-come-lately paper trader doesn't like'em, well too bad. He can put you on ignore, or better yet, just go back to shuffling ...

Good trading,

Jimmy Jam
 
Quote from JimmyJam:

Hope you streched that stop, because that was a great call.

JJ

ditto.....you knew we were close to the pre fomc walk up/gap up....85 retest of the RTH was a good possibility.hopefully he was at 84.75 stop ......never on the whole #`s or .50`s...seems to save trade more often than not.
 
Quote from Pekelo:

Actually, Maria did last night....

Also, Spectre, could you cut the bullshit and other Zen references? If you post an entry and stop loss, we take it as you actually did it. So far as I am concerned (and looks like I wasn't the only one confused) you went short big and your stop loss got hit.

Please feel free to clarify...

P.S.: Why you were short when you were expecting a rally into the close is still a mystery...

dude, your on a different wavelength, repeatedly you demonstrate this. If you must know, I wasn't short.

http://dictionary.reference.com/search?r=2&q=obfuscation

look it up.
 
Quote from Spooz Top:

bottom fishing paid off last night.....fllled on 5 out of 10 between 85.25 & 87.25.....kicked them here @ 91.50/92.00 after a good nights sleep without having to watch PA on the overnight.
Why partially filled?! 85 got hit, you should have filled them all.
 
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