ES Journal Archive (2006 - 2008)

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Quote from apex82:


Going to take only one trade tomorrow. As long as the low holds from today I will be looking to short 1517.25 with a 1.5 stop. If stopped out then will reenter at 1520-1521 with a 2 pt stop. Target will be the a retest of the low and then 1504. At 1503-1504 will begin to flip long and establish a position to retest the may 23 high. I will be doing it slowly as we should probably have a day or 2 of basing in this zone.

Er2 trade for tomorrow.. same scenario if the lows hold from today before hitting the zone.

Shorting 829.60-80 1.5 stop if stopped out will reenter 832.60-832.80 with another 1.5 stop.

Targets are a retest of the low and then 812-814

-Apex

Globex high was one tick below entry on ES.... Er2 stopped out by 2 ticks to an immediate reversal. Gotta be careful with these trades around prior pivots due to stops..

Frustrating start to the day. I may just close up shop for the weekend.
 
Quote from Spectre2007:

if I get stopped out:


buy stop at 17 2 times quantity of previous trade.

edit: stopped out. buy stop at 17.00

It'll probably drop and then pop back up if they want to continue the retracement.

1512 area may show support, if so I'd buy there.

JJ
 
Entry target hit and filled at 1517.25 posted before open. Placing stop at 1519.25

first target 1508-1510

Will reenter at 1520.50-1521 if stopped out.
 
Quote from apex82:

Entry target hit and filled at 1517.25 posted before open. Placing stop at 1519.25

first target 1508-1510

Will reenter at 1520.50-1521 if stopped out.

Might re-test the lows if resistance holds, pity I won't take the counter-trend move.

JJ
 

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Re entered short on er2 at second zone 832.80 and second short on ES at 1520.25

Was working order at 1520.50 but had to cough up the tick..

This is it.... tighten up stops if your long
 
Quote from apex82:

Re entered short on er2 at second zone 832.80 and second short on ES at 1520.25

Was working order at 1520.50 but had to cough up the tick..

This is it.... tighten up stops if your long

Great, how many cars did you manage to get at 1520.25?
 
perfect light volume day for the powers that be to put in a V.....if they take it past Apex`s 20.25...looks like 25 is in the cards while still keeping it an inside day followed by yesterdays huge outside day.
 
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