ES Journal Archive (2006 - 2008)

[JimmyJam]

Quote from apex82:

Gotta love trading with 20/20 foresight....

ES already down 10 points sunday night..

These are the zones I like for buying oppurtunities tomorrow.
Mark these on your chart!

Keep trade size small, use tight stops and prudent money management. This is catching a falling knife with preciscion and skill. Get in on the pullback if showing confirmation or wait for the double bottom.

1360-1363

1348.50-1351.50

1298-1308 last hope for long term bulls...

We could easily have a 50+ point rally from the second zone. I have been waiting 8 months to buy the second zone.

Good trading

What he said, but here's why I think so.

Good trading,

JJ

 

[JimmyJam]

Quote from Keeper:

This thread has become a mess.

With all this mess, do you guys expect others and outsiders to really post any of their trading tips and their trading technics to this thread?

Yes, I know it was rather contentious, but I'm sure some good things might have come out of our weekend's diatribe.

Why, just look at the offer that PuretickTM is making to all of its members, take the trades, and make a G ... gotta get those rates up above 3%-5%, by any means necessary (not that I'm saying it's a bad thing, I'm not, I'm not).

... and not for nothing Porgers is right about one thing, the NQ trades smooth as silk once you give it the right parameters (actually, it even trades pretty well if you are looking at the wrong ones, but the bigger the time-frame, the better).

Good trading,

JJ

 

[romik]

Quote from romik:

Back to square one, minimum initial bet size 1406.50-1408.50

Covered 1375.50

$100 p/p -2.00 ($200.00)
$125 p/p -2.00 ($250.00)
$150 p/p -2.00 ($300.00)
$175 p/p +31.00 $5,425.00

Net: $4,675.00

 

[romik]

1372.50 - 1374.50 or 1381.00 - 1379.00 initial bet size

 

[romik]

.

 

[JimmyJam]

Long @ 1376, PS @ 1370, below the um, channel bottom.

Thing is with a trade like this, there's no bullish confirmation, and at the earliest stages of an intra-day reversal, there never will be.

Man, that's good trading romik.

I'm thinking short squeeze, but hey, it's just a thought.

JJ

 

[romik]

Quote from JimmyJam:

Long @ 1376, PS @ 1370, below the um, channel bottom.

Thing is with a trade like this, there's no bullish confirmation, and at the earliest stages of an intra-day reversal, there never will be.

Man, that's good trading romik.

I'm thinking short squeeze, but hey, it's just a thought.

JJ

Thanks JJ, this method completely excludes ir/rational thought processes

 

[apex82]

Quote from apex82:

Here is the buying zone I am looking for on the er2...

751-753.75

As stated before, very countertrend, use tight stops and small size. Most likely wait for a double bottom or get in on a pullback or Breakout reversal bar.

Just mark this on your charts! You do not want to be heavily short when and if it hits this zone, just trust me.

Note I am moving this up a bit to 753.75-755

It would be great to hit this in the morning creating a capulation washout and lead to a nice short covering rally.

 

[apex82]

If we can get up to 1413-1415.... which I doubt.. I will be getting short the ES

 

[JimmyJam]

Quote from JimmyJam:

Long @ 1376, PS @ 1370, below the um, channel bottom.

Thing is with a trade like this, there's no bullish confirmation, and at the earliest stages of an intra-day reversal, there never will be.

Man, that's good trading romik.

I'm thinking short squeeze, but hey, it's just a thought.

JJ

CL @ 1381, 5pts.