ES Journal Archive (2006 - 2008)

[kinggyppo]

Quote from kinggyppo:

long spy 132.67 tight stop

Yawn......out 132.77, time for a nap.

 

[smilingsynic]

Quote from Pholeuon:

There should be some manual explaining when gap is closed and exactly name condition so nobody can doubt.

That is not how trading goes.

There is no manual.

What is fundamental is not whether the "gap" has technically "closed", but rather whether traders BELIEVE it has.

That belief is often evident in the price action.

 

[Chuck Krug]

/buys spy may 140 calls @ 0.78

 

[kamek]

Quote from Chuck Krug:

/buys spy may 140 calls @ 0.78

basis for this if u don't mind me askin?

 

[Lawrence Chan]

Did I say bear trap?

 

[atticus]

Quote from atticus:

Long 30 NDX Apr 1700/1800/1900 flies from 53 [basis the call fly]. Bought Friday at the close; some synthetics and irons.

Closed half at 64.00 [basis the call fly].

 

[yip1997]

Quote from atticus:

Closed half at 64.00 [basis the call fly].

Any reasons not to wait till expiration?

 

[atticus]

Quote from yip1997:

Any reasons not to wait till expiration?

Fear.

 

[Buy1Sell2]

Quote from Buy1Sell2:

Cancelled--I'm long at 1331.50.Initial stop 1319.00

Daytrade trend continues to be up as it has all day long. . Staying long here. Stop has not been moved upwards yet.
Unfortunately, swing term trend has not totally reversed to the upside yet, so this trade is very tentative and may be closed MOC. I'll post if I do indeed close it.

 

[Lawrence Chan]

NQ will determine the rest of RTH direction.

It just tested and failed at its unchange level.