ES Journal Archive (2006 - 2008)

[wareco]

Quote from atticus:

Test of 47 cash and then higher [perhaps].

Good call Riskicus.

 

[Spectre2007]

1471 buy stop (frontrunning agenda)

by using sell stops and buy stops further outside todays intraday range, its almost risk free, since the market is confirming itself when your order hits, the probability is in your favor.

edit: its similar to putting a sell stop at 1441.00

 

[mbusch]

Well, I'll admit it...I'm frustrated!

I show S/R zone at 55-57.5. Penetrated decisively to the downside, so I went short at 1455.00 with stop at 1457.75 (one tick above zone). Promptly got stopped out.

I don't have a clue which way we're going from here.

I envy Wave, who appears to be never in doubt.

 

[vertigo3]

where's Spooz Top,
WHo here knows diamond patterns?
Are we seeing diamond patterns in YM, ES, NQ? (2 or 5 min charts)

 

[Spectre2007]

1461.00 buy stop

1451.00 sell stop

R:R 3

less tic noise means higher chance your TP gets hit more often.

basically capitalizing on range extension.

 

[mbusch]

My presumptive S/R zone at 55-57.5 has now been criss-crossed a bunch of times with no follow-through in either direction. The zone is obviously invalidated, and so I'm lost. I'm on the sidelines until I find myself.

 

[wareco]

Yep, rather directionless at the moment.

 

[wave]

This list of undervalued stocks keeps growing.

 

[atticus]

Bot 10 at 56.75. 6-handle SL and TP.

 

[Spectre2007]

yo Att, you know they run your posted stops. ..unless your true position is reverse.

edit: usually market sellsoff from ...the sell off is delayed.. which could mean no end of the day selloff today.