ES Journal Archive (2006 - 2008)

[ammo]

usd/jpy trying to rally above 108.18,res since mid june

 

[vertigo3]

I'll say it dumped
crude $120.25 -4.85

 

[vertigo3]

crude 120.10 down 5.00

 

[Pekelo]

Quote from Pekelo:

The Monday before a Fed Tuesday is usually a doji, so I vote for no change and fading every trend for today...

Dow went back to the green. SPX still needs 3 points. Fading the morning selloff was quite profitable, now we should fade this 10 points upmove...

Edit: That was nice....

 

[pkts]

Oh my god, this is so f-ing boring. Just like the second half of Friday. Reminds me of 2005-06...no volatility.

 

[Buy1Sell2]

Long 20 contracts @ 1252.75

Initial stop 1246.75

 

[Mins]

Quote from Buy1Sell2:

Long 20 contracts @ 1252.75

Initial stop 1246.75

Could be a nice trade this one Buy1Sell2.

Just hope crude does not mess things up by bouncing into the close.

Expecting at least one more move up to 59.50 and then 63.


Would like to know Buy1Sell2 why your taking a long here in regards to your strategy, are you seeing the 60min showing signs of turning here???

 

[Mins]

Quote from Buy1Sell2:

Long 20 contracts @ 1252.75

Initial stop 1246.75

Also, can you explain why your stop is 1 tick below the LOD. Seems to me that is a terrible idea for a stop - would it not better for it to at least a couple of points below or couple above.

If they gun for stops it is rare that it was stop on the dime without running an extra few ticks.

 

[Lawrence Chan]

Feels like summer ... no volume, jerky price action.

Cannot imagine what will happen when Olympics officially start.

 

[Lawrence Chan]

B1S2,

Wouldn't a buy stop above 55 more suitable for your style?