ES Journal Archive (2006 - 2008)

[osorico]

Quote from osorico:

11:30 EST
ES @1054


Sell Rallys imo ... would like to see 1068

1:18pm EST
ES @1040

Significant variance between YM and ES downside... YM @9560, ES @1007

Experience suggests this is how nice rallys begin. Flat, now looking/waiting for longside confirmation. Would have much rather seen a definitive test of the lows before this post, but you play the cards as dealt. For those that don't know me, this analysis is intraday only.

Be safe
Osorico

 

[volente_00]

Quote from ggoyal:

what happened to that avging down fool. margin call?

or u still avg.ing down till u get one?

He scored 31k on the last trade doing a pyramid on a 35 lot.. Risky but i guess it works for him

 

[volente_00]

Quote from Jahajee:

Bot 5 ES @ 1036.75

Will buy another 20 scaled in from 1030 to 1038

U got a target ?

 

[ggoyal]

Quote from Jahajee:

Bot 5 ES @ 1036.75

Will buy another 20 scaled in from 1030 to 1038

if at the end of the day you can show a blotter with actual profits, and atleast a 4 figure profit(given ur size) i will shut up.

 

[osorico]

L YM @9790 x1
Stop @9760
No HARD target, but 9990 is in sight if correct.


Conviction baby. x1 LOL

Osorico


EDIT: stopped -30x1
Not selling the fresh lod however.


I don't mind when proven wrong(or right) quickly.

 

[newguy05]

Quote from Lawrence Chan:

1060-1080 in SP cash is an important inflection point across every single higher time frame.

If it does not hold this area ... I do not know where the low is then - maybe 1000

this was holding overnight, but we blew through it like nothing on open.

Lets see if we retrace back to close at that level, although i am not holding my breath.

1000 is the next strong support on many different levels.

I agree with you that watch the volume to signal the end of liquidation. Still maintain that we will reach a bottom (for the next 2-3 months) once 1000 is hit, be interesting to see how fast the turn comes - whether it's a gap up or sideway+slow raise.

 

[pulsescan]

Quote from pulsescan:

This gap down on open suggest a strong downside move for monday...i.e. "BLACK MONDAY".

 

[volente_00]

h and s looks scary

but birdy says shorts gonna push this to 80 from 22

 

[newguy05]

Quote from ggoyal:

if at the end of the day you can show a blotter with actual profits, and atleast a 4 figure profit(given ur size) i will shut up.

dont bother this guy only trade paper, some of the option traders were having lots fun with him in the past:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=136651

http://www.elitetrader.com/vb/showthread.php?s=&postid=2054604#post2054604

 

[Smeagol1996]

If a noob like me can do half decent with some common sense, ask yourself why anyone would need to take such unnecessary risk...this top/bottom picking is brutal and not the most profitable way to trade...