ES Journal Archive (2006 - 2008)

[fearless9]

Also, the longs have run out of puff right now.
Maybe they find their 2nd wind, maybe they dont

 

[Buy1Sell2]

I await long signals on longer frames.

 

[my2cents]

02-23-07 11:39 AM

from Buy1Sell2:
There is a very good buy signal on the 2 minute chart. --I am not interested in the 2 minute chart.

Indicators revealed this to me.

Funny....... my indicators revealed this to me also, prior to the open.

02-23-07 09:20 AM

Quote from my2cents:

Why should today be any different than yesterday, or the day before, or the day before that , or the d..........

Anyone notice the pattern?

11:00 ± 5

just ,

my2cents

Ok, who was paying attention?

just,
my2cents

 

[Buy1Sell2]

buy stop order to intiate additonal long placed at 1456.00

 

[JimmyJam]

Quote from fearless9:

Also, the longs have run out of puff right now.
Maybe they find their 2nd wind, maybe they dont

Actually, it's just the opposite f9, it's the Shorts who ain't got what it takes, to take it down any further.

Jimmy

 

[Buy1Sell2]

Quote from Buy1Sell2:

buy stop order to intiate additonal long placed at 1456.00

order changed to market and filled at 1452.50

 

[K-Rock]

Seems like we have a lot of stops on both sides of this current range. Therefore, if the buyers can make a stand for two more hours then the sellers will be in trouble and start to change their bias. I'm just waiting for it to break either way.

 

[fearless9]

Quote from JimmyJam:

Actually, it's just the opposite f9, it's the Shorts who ain't got what it takes, to take it down any further.

Jimmy

Jimmy, the longs had wrestled the reigns from the shorts on the ask around 11:18.

It is up to them to munch their way through the DOM and breakout otherwise they lose the reigns back to the shorts and we are back to fading the action.

Quite frankly, fading the ES is where the intraday points lie, but you need to keep an eye on the bid/ask battle because once the price breaks through the key horizontals, you are in trend.

Right now the price is being governed by today's low and yes low. The price is drifting north as the shorts give way probably on limits. If that inventory is consumed, away we go.

 

[osorico]

I've been sitting out this price battle. So I thought I'd post one of my 15m YM charts... Its extended out to show things of shortterm interest to me, namely unfilled gaps.

I won't post analysis of this chart, but if you have questions, feel free to ask.

 

[bsparkyman]

2 nice longs off the bottom today. 1457 is overhead sell (to get short) target, doesn't look like we will make it with notes not holding up. All the better if it does make it.