ES Journal Archive (2006 - 2008)

[apex82]

Quote from apex82:

Market closed right in the key critical zone at 1507.50-1508.50. If it can hold this tomorrow we should get a retest of the june 4th highs over the next week or so.

Due to the wednesday of expiration week odds call for one of the most volatile days of the month... Perfect scenario to get in on a trade in the morning and hold it for most of the day. The best scenario would be a shakeout to the downside, strong buying( steve's tails) and an entry to hold throughout the remainder of the day if not weeks to come.

One of my best trades this year....

Ya I am going to pat myself on the back for this one....

 

[Jaxon]

weird close, ES making new highs and ER plunging!

 

[Spectre2007]

I just kept buying it over and over towards the close, dumped it all at 1531.00

market is a peddler of fear and greed, you can take advantage of it,or it will take advantage of you.

 

[volente_00]

Quote from wave:

Does anyone know in what book that was cited in? Probably the best book you will ever read on trading. The wonderful gentleman who wrote it was killed in the Sept 11th WTC attacks.

Alger ?

 

[volente_00]

Quote from volente_00:













Amazing what the generals can do with a little help from option interest. With expiration next week, I would not be the least surpised to see a move to 1515-1520 from here.

Worked twice from the 1490 level so far.

 

[smilingsynic]

Quote from apex82:

This board is an outlet to share my views, trades and also look back in the past on what I was looking at and how I felt about the market at any point in time. Trading is an isolating career and this thread is a great place to get insight on other methodologies and different ways of looking at the market.

Actually, this is someone else's JOURNAL, someone who is nice enough to let others post their trades here.

Great trade, though!

 

[Spectre2007]

Plan for tommorrow:

Bond market will retrace its gains and test the peak yields, when PPI comes out. It will weigh down the market, with ES testing low 1520's.

 

[BigBubba]

honestly, this thread is a great tool for learning. i'm grateful to have found it. thanks to all who take the time to share their thoughts here.

 

[Spectre2007]

the major uptrend trendline is at 1520.00 currently. A minor trendline is at 1528.00

 

[mbusch]

S 1533.75 @ 0800 EDT
Cover 1529.25 @ 0835 EDT (after PPI report)
+4.5

Current thought is to scalp cautiously on the short side until the market pulls back to 1520-ish, then to enter long swinging for the fence with a target above 1540.

Of course, in the final analysis it all depends on what I see, not what I hope to see.