ES Journal Archive (2006 - 2008)

[apex82]

Quote from apex82:

Looking to add a small size to original er2 short at 831.70.

1.2pt stop

no fill cancel trade

 

[dmartin]

APEX:

Greating trading and more than a 1k traded at 1520.25-.5

DMartin

 

[apex82]

Quote from dmartin:

APEX:

Greating trading and more than a 1k traded at 1520.25-.5

DMartin

thanks... well see. This market doesnt want to get below 1516 so probably trade back up to the highs or into a range. Volume is contiually getting lower which decreases the chance for a breakout. Already taken 2 small losses today. But thats how I trade.. small risk/big reward.

 

[Brucelee]

Quote from dmartin:

APEX:

Greating trading and more than a 1k traded at 1520.25-.5

DMartin

Yeah, I see the problem now. I know Apex trades large, thats why I asked, seeing I only got 4 cars.

Well done Apex

 

[apex82]

Going to wrap it up for the day... leaving position on and placing my stops. Definately looking forward to a much needed extended weekend...

Good Trading guys

 

[Spectre2007]

there is a scenario out, that the chinese government might publish some rules regarding speculation over the weekend. If this is true.

the stops on the upside get taken out with institutions using the stops to sell at higher prices on the close for a negative open post long weekend.

a hint is that the hang seng futures were down while shanghai held up relatively well. nikkei was down too.

 

[Brucelee]

Quote from Brucelee:

Yeah, I see the problem now. I know Apex trades large, thats why I asked, seeing I only got 4 cars.

Well done Apex

Out 1515.50. Thats it for the weekend.

 

[JSSPMK]

Quote from JimmyJam:

It's a classic.

Can you see it now?

JJ

I think I didn't see it because "classic" ones are expected to have more of a run before 1st shoulder, no?

 

[JimmyJam]

Quote from JimmyJam:

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

L @ 1513.00, PS @ 1510.00

JJ

 

[princessa]

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

like falling off a cliff...way to go, a! i'm glad you didn't give up after your frustrating start. you would've missed all the fun!

did some shorties (er,es) and made some money today. building on b1s2's idea of buying puts as a hedge against a rising market, i bot 1 june put this am. of course, the slippage is murder, but i'm trying it out as an alternative to futures on days when i'm not feeling confident about my trigger finger and want to hedge bets b/c i think market's taking a nosedive. so far, i'm pleased. will see how this ultimately pans out....

once again, apex dude, wtg.