ES Journal Archive (2006 - 2008)

[speedtrader88]

short ES 1220.

SL at day's high.

Regardless of Price close short at 4pm close.

same opinion as friday, HUGE selloff coming into the close.

 

[Pholeuon]

Why? Looking at ugly conditions indices are quite strong today.

I believe PPT - did not allow LEH to dive if they think that it can cause crash.
They had enough time to prepare and this situationis not surprising for them.
They turned every times back Euro and crude and I believe they expect to be enough strong not allow any spectacular selling.
Battle chopping in low 20ties now but I think even we can go lower there will be no cascading. I expect day close somewhere in this region.

 

[smilingsynic]

Quote from rock34748:

1st day trading real money and what a day to start. I'm up $87.00 and now out for the day. I feel fortunate but also like I've been drawn and quartered. Got chopped up a few times, stopped out, and 2 small winners. My hand shook so bad the mouse about rattled apart. Nothing like simulated trading. I have a ways to go on the psychology trading. 1 CAR at a time and ES only. I couldn't track any more. Great trading.

When I first started daytrading several years ago, my hand shook so badly that in the first few weeks I ended up losing a couple of hundred dollars because I clicked on the mouse by accident. Now my total profits for the ES are for the year over nine times the total losses. My best year ever, and no more shaky hands!

Good luck to you.

 

[pulsescan]

Quote from saliva:

I suggest you refer to this chart. However, keep in mind that this market isn't so much chruning based on technical or fundamental as the psychological factor surrounding the uncertainties in the market.

I see 1172.50 as a 50% retracemet off the highs.
If we break that then we could test the 800's. We came pretty close during 9/11

 

[Lawrence Chan]

Potential short squeeze here if we get a news trigger.

 

[pulsescan]

Quote from Lawrence Chan:

Potential short squeeze here if we get a news trigger.

Yup!

because we did not see a 2nd leg down at 2:00pm EST this means we could get an EXPLOSIVE rally this afternoon.

 

[speedtrader88]

Quote from pulsescan:

Yup!

because we did not see a 2nd leg down at 2:00pm EST this means we could get an EXPLOSIVE rally this afternoon.

Interesting.... I'm sticking to my guns.

HUGE SELLOFF into the close...

 

[pulsescan]

Quote from speedtrader88:

Interesting.... I'm sticking to my guns.

HUGE SELLOFF into the close...

goodluck. hope your using wide enough stops?
PPT shur sounded like they have opened a trading account and "R" ready to start buying to prop this market up.

"B" carefull.

 

[kinggyppo]

long spy 121.70 .30 cent stop.

 

[speedtrader88]

Quote from pulsescan:

goodluck. hope your using wide enough stops?
PPT shur sounded like they have opened a trading account and "R" ready to start buying to prop this market up.

"B" carefull.

Added more shorts at 1217.

SL 1226.5


Good luck..