ES Journal Archive (2006 - 2008)

sosa1974 · May 12, 2006

Cover 1301.75, entry 50 day moving avg Spy (1303.50/75). 5th trade today and I'm inclined to stop now. My instincts telling me to quit while ahead and move on to next week.

sosa1974 · May 12, 2006

cover 1299.50, entry 50 day. Too much volume to ignore today. Another 4 points, no heat. I'm absolutely finished for today. I'm going to chill.

Buy1Sell2 · May 12, 2006

Quote from sosa1974:

cover 1299.50, entry 50 day. Too much volume to ignore today. Another 4 points, no heat. I'm absolutely finished for today. I'm going to chill.

I've just been letting the positionals leak and covering the 1350 calls today.

sosa1974 · May 12, 2006

Quote from Buy1Sell2:

I've just been letting the positionals leak and covering the 1350 calls today.

What a difference on week makes huh! Last Friday to this Friday.
You go b1s2!!

sosa1974 · May 12, 2006

Quote from sosa1974:

cover 1299.50, entry 50 day. Too much volume to ignore today. Another 4 points, no heat. I'm absolutely finished for today. I'm going to chill.

Not done yet, got in 1301, cover 1298. This is sick.

BoyBrutus · May 12, 2006

Quote from sosa1974:

Not done yet, got in 1301, cover 1298. This is sick.

Well done dude you are showing whats possible. Whats been your best day.? Keep it up, wait for the good setups as you been doing.

sosa1974 · May 12, 2006

50 day maybe resistance now on ES. Off topic, I shorted Ygm @ 723 and its in 8 points. Gold came into my short filter @ 730. Dont think I'll be doing that again. But @ 33 dollars a point its a nice pop to my p/l.

sosa1974 · May 12, 2006

Quote from BoyBrutus:

Well done dude you are showing whats possible. Whats been your best day.? Keep it up, wait for the good setups as you been doing.

Thanks Bro, I shorted the whole run up from 1287-1331 and was still green. Not much green but green. Just waited for optimal set ups, eg fading resistance level 2, gap ups, and buy programs etc. I never shorted before fomc minutes,bernanke, and economic numbers as that can be dangerous for a scalper. Timing for me is everything. With volume and vix rising the odds are in my favor. I dont get aggressive in a quiet low volume market. This is just to juicy to sit back and watch. Just trading the technicals!! I'm here on this journal because I'm trying to learn from b1 and others to add to my skill set.

BoyBrutus · May 12, 2006

Quote from sosa1974:

Thanks Bro, I shorted the whole run up from 1287-1331 and was still green. Not much green but green. Just waited for optimal set ups, eg fading resistance level 2, gap ups, and buy programs etc. I never shorted before fomc minutes,bernanke, and economic numbers as that can be dangerous for a scalper. Timing for me is everything. With volume and vix rising the odds are in my favor. I dont get aggressive in a quiet low volume market. This is just to juicy to sit back and watch. Just trading the technicals!! I'm here on this journal because I'm trying to learn from b1 and others to add to my skill set.

Sosa do you just watch ES volume ? On what fime frame? Thanks

sosa1974 · May 12, 2006

Quote from BoyBrutus:

Sosa do you just watch ES volume ? On what fime frame? Thanks

I watch the volume on the ETF Spy, also level 2 quotes on the spy. Seeing huge volume here (big). Also noticing big huge bids on spy which are clearly fake as fake can be. You can short that for sure!! There is another thread on watching level 2 fake outs.