ES Journal Archive (2006 - 2008)

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Quote from mbusch:

At 02:41am ET, filled long from 1425.25 w/6-point stop. Going to bed...not staying up for the 3am fireworks...que sera sera.
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Set stop to breakeven prior to hitting the sack. Awoke to find myself stopped out at breakeven at 7:00am ET when price retested last night's low of 1424.50 and actually got 3 ticks lower before rebounding.

I guess this means I get to watch the price action in the 1424-1422 support zone during the onslaught of the RTH opening, and that should be very revealing as to where ES is going from here.

We already do have a very convincing reveral pattern on the 15min chart after hitting the low of 1423.75 at 7:40am ET, and the CPI news seemed to get a positive reaction. So probably looking to go long here, particularly on a well-behaved pullback at the open of RTH in 20 minutes.
 
Quote from tommymoose:

Yawn, morning all. I see this level held overnight, so I'm in at 1425. Stop in at 1523.50.
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That's just a Freudian slip, the subconscious thinks we are getting back to 15 handle :)
 
Quote from Jaxon:

so now we get to hear all the moaning and groaning and ooohing and ahhing when the dow opens < 13k. :mad:
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hmmm..... maybe not after all, at least not on the open. :) spread is approx 40 points?
 
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