ES Journal Archive (2006 - 2008)

mbusch · Oct 5, 2007

Quote from saxon22:

that small decline was brought up way too quickly, tells me there are still plenty of bulls out there.

Head fake.

saxon22 · Oct 5, 2007

Quote from mbusch:

Head fake.

precisely

mbusch · Oct 5, 2007

Yeah, baby! Squeeze dem shorts!

elovemer · Oct 5, 2007

rule of 20 ...

saxon22 · Oct 5, 2007

Could very well become HOD

Mins · Oct 5, 2007

Gettin short now - full position. With a close stop, looking for 1560 as target.

Damn - Bulls are just too strong. Still in the position, stop at 72.

Out at 71.25 - no shorting this bull.

mbusch · Oct 5, 2007

Okay, I don't want to be greedy (and stupid), so I just took my profits on the long from 1562.75 at 1570.00 even, for a gain of +7.25. That's 2.5 short of my calculated target, but my gut tells me the bulls are running out of steam here, and they say it's never to early to take a profit. Now flat.

Including a quick short scalp I took at the open, I'm exactly +8.00 for the day.

Stick a fork in me...I'm probably done.

EDIT: Now that I'm flat, just watch us hit my target of 1572.50 to the tick! :eek:

EDIT: What'd I tell ya?

storm121 · Oct 5, 2007

Quote from Mins:

Gettin short now - full position. With a close stop, looking for 1560 as target.

Damn - Bulls are just too strong. Still in the position, stop at 72.

Out at 71.25 - no shorting this bull.

your going to try to stand in front of a freight train?

Id rather stand aside and let it pass......

Just a thought

Mins · Oct 5, 2007

Quote from Mins:

Gettin short now - full position. With a close stop, looking for 1560 as target.

Damn - Bulls are just too strong. Still in the position, stop at 72.

Out at 71.25 - no shorting this bull.

Okay shorting again - 71.75. Target 63-60 - still up for the day so as saliva said betting with the houses money.

Tight stop - if this fails im done for the day.

Mins · Oct 5, 2007

Quote from storm121:

your going to try to stand in front of a freight train?

Id rather stand aside and let it pass......

Just a thought

Ya i hear ya - but certain parameters in my system have been hit, so nice probability short in my system anyway. Also, gives me nice risk to reward - only lost 1.5 points on last short so as you can see i get out quick when my parameters change.

See ya im out of here , 1 tick loss on last trade - don't want to give back my days profits looking for a top here. Done for day.