ES Journal Archive (2006 - 2008)

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Quote from Spooz Top:

so you let that trade go 8 handles against you?

where was your stop on that,if there was one?

Unfortuantely yes. I wanted to be long over the weekend and if I didn't have to leave early (friend's bachelor party in vegas) I would have put the position on 5 minutes before the close. Leaving early is what also caused me to move up my limit order initially.
 
funds will run stops to the downside to load up at cheaper prices for the 4th quarter.

edit: 4th of july falls on wednesday. so considering the possibility of a attack. the bid wont be there as strong. this futures movement is just manipulation to keep us on target to test the upside intraday start of the week, with selling to come in above. 1525-28 area. Once we clear the 4th, then thursday or friday have a chance to rally.
 
Quote from jagmot:

Unfortuantely yes. I wanted to be long over the weekend and if I didn't have to leave early (friend's bachelor party in vegas) I would have put the position on 5 minutes before the close. Leaving early is what also caused me to move up my limit order initially.

Well, I'm out at 1519.50 +6.75. My broker says I didn't cancel the limit sell in time.
 
Is anybody out there?

Is anyone thinking that the gap at today's open will close? Anything can happen, but I read somewhere that gaps on the first day of the month often go unfilled. (I don't remember where I read it, what the time period of the study was or what percentage of the time a gap on the first day of the month filled. Sorry.
If prices move back to prints 1523.75-1520.00, I am going to be looking for signs of buying interest and a long play.
 
was stopped on my trailer last night in the pos. acct. at 18.25....wide stop to eliminate the noise.

still looking to sell into rallies here for the short term....looks like a decent week to take off unless a nice entry presents itself.todays gap n grind is what i expect the rest of the week but hoping we can get in one good day with vol.
 
Quote from Buy1Sell2:

Short term downtrend continues here. Only shorts should be taken. Good trading to all--:)
If I may ask, what is your stop point on being short, and does it just have to trade there or close there?
 
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