ES Journal Archive (2006 - 2008)

[2006]

Looking to scale in some shorts if we go higher 27-28.

Possibly aslo sell some calls in a layered fashion.

 

[bsparkyman]

short here at 629 on the ym

 

[mbusch]

Just got feed back. Looks like I missed out on another point, but I sure would have been sweating it if I was holding that position in the blind! :eek:

Time to go short, anybody?

 

[2006]

Sold some calls here.

 

[Spectre2007]

the cup formation is a strong formation, going short would be implied to be high risk, the low risk short is when that cup bottom breaks.

edit: cup bottom is 1516.00

only longs should be taken the longer this formation holds.

so the market can gap back up to 1530.00 and test 1522.50 again.

 

[bsparkyman]

Added 1 at 634. stop at 49

Quote from bsparkyman:

short here at 629 on the ym

 

[2006]

Got some shorts off @ 27.00. Target 25-24.50.

 

[Spectre2007]

short 1525.75... SL 1528.50 TP 1522.50

reversed.. 1527.00 tp 1529.50 sl 1524.00

 

[mbusch]

S 1526.75
BS 1527.50 (3 ticks, 1 tick above HOD)
PT1 1521.50 (5.25 points)

Spectre may be right with his cup, but for a 3-tick risk, what the heck?

 

[bsparkyman]

Covered one at 627, look to add it back a bit higher.

Quote from bsparkyman:

Added 1 at 634. stop at 49