ES Journal Archive (2006 - 2008)

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I don't know about you B1S2, but I've had enough action for 1 day, out at break even. Have a nice weekend guyzzz.

Romik
 
Quote from romik:

I don't know about you B1S2, but I've had enough action for 1 day, out at break even. Have a nice weekend guyzzz.

Romik

yeah, I was gone most of the afternoon and wasn't even looking.
 
Quote from volente_00:

I am calling it a day, but I foresee chop chop chop, perhaps a move to 1317 as the gap gets closed.

well you were mostly right until the latter part of the day. It would have been frustrating today.
 
The third failure around the 1324 area. First time 1324-1286, 2nd time 1324.75-1311.75, and today 1324-1312. Hard day today because they stayed in such a tight range for so long. Selling came in @ 2:00 when oil showed that it wasnt going to break 75. Next week should shape up nicely. Have a good weekend.
 
Quote from sosa1974:

The third failure around the 1324 area. First time 1324-1286, 2nd time 1324.75-1311.75, and today 1324-1312. Hard day today because they stayed in such a tight range for so long. Selling came in @ 2:00 when oil showed that it wasnt going to break 75. Next week should shape up nicely. Have a good weekend.

When you say nicely, do you mean long or short? Are you saying the narrowing of the range means upside breakout or downside breakdown?
 
Quote from sosa1974:

The third failure around the 1324 area. First time 1324-1286, 2nd time 1324.75-1311.75, and today 1324-1312. Hard day today because they stayed in such a tight range for so long. Selling came in @ 2:00 when oil showed that it wasnt going to break 75. Next week should shape up nicely. Have a good weekend.


But you are ignoring the higher highs and higher lows in SPX.
 
Quote from volente_00:

But you are ignoring the higher highs and higher lows in SPX.

Do you mean the last few days or longer? Also is he suggesting up or down?
 
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