ES Journal Archive (2006 - 2008)

[JimmyJam]

L @ 1415.00, PS @ 1417.00

Trying to break yesterday's high.

Will it?

Maybe.

But expect a more substantial retrace than we had yesterday.

JJ

 

[JimmyJam]

Quote from JimmyJam:

L @ 1415.00, PS @ 1417.00

Trying to break yesterday's high.

Will it?

Maybe.

But expect a more substantial retrace than we had yesterday.

JJ

2pts

JJ

 

[apex82]

Quote from apex82:

No problem.

I was stopped out ast night at 1416.75 only for the market to drop back down again... You can see how booking the small gains enables my trades to be profitable even though my analysis has been wrong.

After doing my analysis I will be waiting for 1430-1431.50 before putting on a large size short.

Expecting a range reduction day again due to the FOMC. Watch the er2 they will most likely try to run the stops above that 797 pivot. There is a brick wall at 801-802.

Er2 running stops at the moment as anticipated above the march 12 highs. More and more confluence coming into the 800-802 area. I will be looking to get short in that area with reduced size due to the nature of the day and the fomc tomorrow.

 

[apex82]

Getting short at 800.30 1.5 stop

 

[apex82]

market is very vulnerable to a pullback here... they probably sucker in some more shorts and run it up one last time into the exhaustion zone...

My first profit target will be 3.5 points

 

[Brucelee]

Quote from apex82:



My first profit target will be 3.5 points

If you get your entry

 

[apex82]

Quote from Brucelee:

If you get your entry

patience.... but ya if ES DT's here I probably wont get my entry... Id rather just get the next trade then add extra risk.

 

[Brucelee]

Quote from apex82:

patience.... but ya if ES DT's here I probably wont get my entry... Id rather just get the next trade then add extra risk.

Yes, I know what you mean. I am looking 12400 on the YM

 

[apex82]

Quote from apex82:

If we get a confirmed breakout we most likely get a move up to 1428-1431 over the week where I will be reentering short.

This still stands... hopefully we get up there tomorrow with the FOMC. I probably will not throw out a freight train order during the FOMC heh.. most likely wait for retest if it gets up there.

 

[JimmyJam]

S @ 1421.00, PS @ 1423.00

If the floor breaks, I'll probably look to close @ 1416.00.

JJ