ES Journal Archive (2006 - 2008)

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I'm just looking at the levels, yesterday's (I keep saying that) - Friday's High is @ 1405 BTW, IF it makes it back up there, they'll probably consider that to be the finish line.

Good trading,

JJ

Edit: BTW, I think this price action is just the lunchtime waffling, I'm either going to get my MOC in profit or the PS will get hit.
 
Here is your chance to get long with like a 2-3 tick stop heh...

This trade probably not going to work out but hey what do you expect with a risk 1 to make 20 going countertrend...

It only takes 1 to make up many many losses.
 
In my view we have a ways to go before resumed extended upside. This could be days or weeks away. We will need a new daily low and flattening of the 20 MA. At that time, I will add long., We basically need some festering on the daily chart.
 
Quote from JimmyJam:

Well, it's holding for all the indice, I have completely neutral reading on the indices/internals, notes are on their way down, I'm jumping the gun but I went Long @ 1384.25, PS @ 1381.25

Bad habit, but your best trades will never be confirmed.

Good trading,

JJ
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Quite likely the low tick of the day stopped me out, re-entered Long @ 1383, PS @ 1380.

+2 pts total of day so far.

Edit: Frustrating?, a little, but it's all in-the game.
 
Quote from apex82:

long here at 1382.50 stop at 1381 looking for a move up to 1402.

1.50 stop for 20+ point profit target.

If only trading was this easy all the time... Nice risk reward with a good probability. Cant pass it up.
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It has formed a minor DB in the zone and is showing some strength. Lets see what happens...

Resis above the market at 1391-1394.75

I will be adding more on the next pullback so that my position size is back at 100%

EDIT: 1384 is looking like a nice add on place if it can get down there
 
Quote from romik:

Apex you son of a gun, you ought to do a seminar, good job! :)
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Yeah, he nailed it to a tee, don't think I wasn't looking at the chart and shaking my head.

PS moved to +1385, locking in 2pts of profit, if the ES can break the downwards sloping trendline, it's going to be a good day for the Bulls.

JJ
 
Quote from romik:

Apex you son of a gun, you ought to do a seminar, good job! :)
More...

Hah thanks... I havent hit profit target yet though.

Anyways, add on zone has now moved up to 1385-1385.50
 
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