ES Journal Archive (2006 - 2008)

[Buy1Sell2]

Current 240 chart

Note--current bar not complete until 1:30

 

[apex82]

Quote from apex82:

Es hitting support here at 1433! if this cracks below here look out below!

1436-1437 now local resistance

 

[volente_00]

Quote from apex82:

1436-1437 now local resistance

1437.25 is also 50% retrace on the move

 

[osorico]

Quote from Buy1Sell2:

added short here at 1438.00. stop on 3 shorts is 1452.00

Hi B1S2,

Just wondering how you determine stops? Money, TA or something else? After all, this stop is in never never land (literally, never been there before).

Sorry if you've answered this before, but your thread has become quite long.

 

[volente_00]

10:30 has passed, we spike down to 1432.75, made the higher low now it it time for T day theory to make the higher high. Next stop green.

 

[Buy1Sell2]

Quote from osorico:

Hi B1S2,

Just wondering how you determine stops? Money, TA or something else? After all, this stop is in never never land (literally, never been there before).

Sorry if you've answered this before, but your thread has become quite long.

Stop is placed outside noise by a margin that I feel comfortable with. It may be too far away for most, but I underleverage as opposed to overleverage.

 

[mista_investa]

Quote from romik:

Oh i see....just wondering!!!
I probably would have got n at 1438 or 1437.75 when it broke that range.....maybe..
but im just not sure about my trades sometimes..lol...probably my biggest problem...Not pulling tha trigger
thanx....

 

[volente_00]

B1S2, Why are you bearish all of a sudden, I thought you were long term bullish.

 

[Buy1Sell2]

Quote from volente_00:

B1S2, Why are you bearish all of a sudden, I thought you were long term bullish.

Truth is I have gotten away a bit from my 3 screen type trading and should not be in this short really. Weekly is bullish, Monthly is bullish. I should be passing on sell signals right now even if I miss some trades. Anyway, though here I am short 1415.00, 1431.50 and 1438.00(average 1428.16). I'll let it play out on the 240 for a while more since the 240 is displaying weakness.

 

[volente_00]

Ascending triangle forming right now on cash.


http://finance.yahoo.com/q/bc?s=^GSPC&t=1d