ES Journal Archive (2006 - 2008)

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Thought I would throw in my 2 cents (new to the board). Enjoy reading all the posts (ie apex, lance, packer, romik, jj, and all other regulars).

I was short from 1454 and got out yesterday at 1449. Ultimately I think we get down to 1431 area in the next couple weeks before heading higher. Looking for the next bounce (come on earnings season give me something here) to get short - hopefully around 1450.

Todays lower target looks to be 1439 - 1441. I'll not be buying as I'll just wait until the bounce hits and take my chances then.

Good trades.


Quote from apex82:

Ya not a bad call by Oscar but hes just piggy backing me. I had the trade 2 days earlier with a 1/4th the risk and also gave the low of the day for today 2 days in advance....

This is how it played out..

http://elitetrader.com/vb/attachment.php?s=&postid=1428797

To....
 
Well, that was quick...did not get to target but I'll sell at 1449.25 anyway.

Quote from tradermac:

Thought I would throw in my 2 cents (new to the board). Enjoy reading all the posts (ie apex, lance, packer, romik, jj, and all other regulars).

I was short from 1454 and got out yesterday at 1449. Ultimately I think we get down to 1431 area in the next couple weeks before heading higher. Looking for the next bounce (come on earnings season give me something here) to get short - hopefully around 1450.

Todays lower target looks to be 1439 - 1441. I'll not be buying as I'll just wait until the bounce hits and take my chances then.

Good trades.
 
Getting short ES at 1451.75-1452 if it can get one more pop up there.. with a 1.5 stop going for minimum of 4 pts+

EDIT: getting in a tick early here at 1451.50
 
Quote from apex82:

Getting short ES at 1451.75-1452 if it can get one more pop up there.. with a 1.5 stop going for minimum of 4 pts+

EDIT: getting in a tick early here at 1451.50

Market reacting well to the level.. er2 also holding its zone as well.. taking profits at 1448.50 then 1447.50 then holding for retest of lows
 
Quote from apex82:

Getting short ES at 1451.75-1452 if it can get one more pop up there.. with a 1.5 stop going for minimum of 4 pts+

EDIT: getting in a tick early here at 1451.50

If you are going for minimum of 4 pts+, why not just take first off at the 4pts and not the 3pts? Do you follow B1S2 advice of not scaling out?
 
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