ES Journal Archive (2006 - 2008)

[2006]

Out final chunk @ 12500. Missed 510 target by a few ticks.

 

[JimmyJam]

Quote from osorico:

Ain't gonna happen (now) you smart ass!

Toodle loo

If you say so, it is.
Osorico

Um, yeah bro, I thought so!

JJ

 

[2006]

This can run all the way back for a short "squeeeeeeeeezeee".

Missed the down leg completely. Trading news/events very poorly of late.

Went short EUR/JPY last night -- taking some heat there. Long term play target around 1.50 possibly more. Will add more around these levels depending on PA.

 

[romik]

Quote from romik:

Adding to 1408.00 long here, 1437.25

Swapping 1437.25 Long for a 1341.50 Short

 

[JimmyJam]

Volume and A/D show the Bears are still completely in control of the playing field, so I'll be looking to Short.

JJ

 

[2006]

They are until they aren't. Everybody and their mother is thinking short at this moment.

 

[romik]

Quote from romik:

Swapping 1437.25 Long for a 1341.50 Short

Cover 1440.00, just 1408.00 Long at present

 

[JimmyJam]

Quote from romik:

Cover 1440.00, just 1408.00 Long at present

Oh man, sitting on that kinda profit, just know where your "keeping it in the bank" point is, because I think this thing tumbles after testing the 1444 area again.

JJ

 

[romik]

BTW for any volatility freaks out there, my data is not exact, though close:

ES went down ~14 points *$50=700

DAX went down ~103 points *25 EURO=2575EURO=$3400US

3400 vs 700
DAX vs ES

 

[romik]

Quote from JimmyJam:

Oh man, sitting on that kinda profit, just know where your "keeping it in the bank" point is, because I think this thing tumbles after testing the 1444 area again.

JJ

I would like to get 1464 based on WRB formation follow through, also if it hits & settles above 1444, then IMO the odds of upside are more favourable, that being above 61.8% retrace for today.