ES Journal Archive (2006 - 2008)

[sosa1974]

Quote from Buy1Sell2:

1262.50 now becomes reaction low. The more conservative trading approach would identify that as an area to place stops under.

That number is the 50 day ma as well. Should be solid support. No Trades for me once again, but this time due to broker issues (tradestation). A flaky data feed can hurt with this type of intraday action. Wont have my new account open until aug. Unless we get above 1280/90, looks like I wont have an entry this month.

 

[romik]

Quote from romik:

Added 2 lots average long 1253.33

closed 1276.25

 

[Buy1Sell2]

Quote from romik:

closed 1276.25

nice--was that a target or did you see something on the chart that worried you.

 

[romik]

Quote from romik:

I do have a profit target of 1275-80 and have hedged the previous unrealised loss in the short term account, therefore if ES declines to 1235, I'd be at break-even. I don't quite see that happening right now, but of course there is a possibility of that happening.

from earlier post

 

['81packer]

Greetings

This is similar post I left in the S/R Emini journal--I have been reading this journal and appreciate the sincere input from alot of knowledgeable people !! Now down to business

How many traded this divergence today?

entry @ purple arrow 65.75
exit + 5 pts 70.75
(distance from low @ A 62.50 to high @ C 67.50)

will attempt to show chart

 

[romik]

Quote from '81packer:

Greetings

This is similar post I left in the S/R Emini journal--I have been reading this journal and appreciate the sincere input from alot of knowledgeable people !! Now down to business

How many traded this divergence today?

entry @ purple arrow 65.75
exit + 5 pts 70.75
(distance from low @ A 62.50 to high @ C 67.50)

will attempt to show chart

that's not a bullish divergence

 

[Beachie]

Quote from '81packer:

Greetings

. . .
How many traded this divergence today?

entry @ purple arrow 65.75
exit + 5 pts 70.75
(distance from low @ A 62.50 to high @ C 67.50)

will attempt to show chart

Where's the divergence? Nice trendline break on the CCI though.

 

[romik]

Quote from '81packer:

Greetings

This is similar post I left in the S/R Emini journal--I have been reading this journal and appreciate the sincere input from alot of knowledgeable people !! Now down to business

How many traded this divergence today?

entry @ purple arrow 65.75
exit + 5 pts 70.75
(distance from low @ A 62.50 to high @ C 67.50)

will attempt to show chart

this is a bld

 

[Optionpro007]

That is a bullish hidden divergence.

Quote from romik:

that's not a bullish divergence

 

[hpeganz]

Quote from Buy1Sell2:

Daily chart still intact for long trades--although where the intraday charts are right now you would need to use larger stops than liked. Higher percentage longs could be entered after these BRD's resolve themselves.

B1S2 - Could you again explain why you are on the weekly TF still short and why you think the bulls are still in favour of the daily chart??

and I know you have a Profit Target of 1285 to 1230 - this I would also like to understand Thanks