ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Long from 1447.75 w/6-point stop.
Stop raised to breakeven.

Target 1457, but prepared to bail out early if there's no follow-through above 1452.

EDIT:Yikes!!! I mean 6-TICK stop!!!

The day you see me place a 6-point stop, call the ambulance and have them take me to ICU. (With apologies to B1S2!)

EDIT: Countertrend move failed to materialize. Tried to exit at 1552.50 but got stopped out at 1549.75 for a disappointing +2. Probably no more longs today.
 
Quote from mbusch:

Nice little manipulated short squeeze there, eh?
More...

aren't they all :)

daily has a bullish reversal pattern in histogram, sooooo bottomfishing with small stops is all good, could well rally into the close BIG

ES held daily pivot, holding 1 lot DAX long, C'mon!
 
Quote from mbusch:

Spec, was Sen. Dodd going to make a statement? Did he just make it?

Not quite ready to short this puppy, but getting close...
More...

statements were made. usdjpy looks like its gunning for the 114.00 even stops during asian session, should bring ES down with it.
 
Last trade of the day...

S 1453.50
BS 1455.00 (6 ticks)

FYI, 1453.50 is exactly 50% retracement point for today's 13-point decline from 1460.00 to 1447.00. Calculated target would therefore be 1453.50 - 13 = 1440.50.

EDIT: Correction. Retracement actually peaked at 1455, so calculated target would be 1455-13 = 1442. Sorry.
 
Quote from Spectre2007:

statements were made. usdjpy looks like its gunning for the 114.00 even stops during asian session, should bring ES down with it.
More...

what is your outlook on USDJPY for the next six months to a year?
 
Status
Not open for further replies.
Back
Top