ES Journal Archive (2006 - 2008)

kinggyppo · Nov 21, 2007

Quote from kinggyppo:

Long XLF here ($28.41) waiting for another break on ES may not get it. My understanding of YM future is that the liquidity is not as deep so that if you drop more than 100 contracts you start moving the markets, just my $.02.

Cover $28.83.

To each his own on stops, anyone using volatillity based stops?
I mostly scalp so many times I don't have a hard stop. I am a lot more strict about stops when trading futures. A stalled computer can really kill you, even if you reboot it may take you 10 minutes; a lifetime when you are in max pain.

saliva · Nov 21, 2007

Quote from saliva:

Averaged down @ 2750. Ya I know how stupid it is.

Here's my all-star newbie prediction. I don't think we'll retest the LOD. On the contrary, I think we'll churn between the HOD and 1426. I'll be holding on to mine up to 1436-ish, otherwise you know where my stop is.

That's it for me. Have a nice thanksgiving yo. Now be nice and don't be gunning my stop.

atticus · Nov 21, 2007

Bought the DAX 11/22/07 9:00am PDT 7470 No Touch 10,000//15,860 Euro. Weakly hedged with spot at 7560. Neutral at 7588. Traded through ABN AMRO in the UK.

mbusch · Nov 21, 2007

Quote from mbusch:

Late to the party, but short from 1432.25.

Stopped at 1430.25 for +2.

Manipulation. Gotta loosen up.

My target was 1425, and now it's going there without me.

atticus · Nov 21, 2007

Quote from atticus:

Sold the NDX Dec 2025 straddle at 139.00 at ~30% vol. Sold NQ at 1998 // Sold Dec 1900P at ~36 [35% vol]; 1:1.

Straddle +7 and overwrite +5 on marks.

mbusch · Nov 21, 2007

Long from 1429.75.

EDIT: On second thought, this look all wrong. Closed out at 1430.25 for +.50. Better safe than sorry. Flat.

Spectre2007 · Nov 21, 2007

libor indicating 50 basis cut.

might even be preemptive to blow positions.

saliva · Nov 21, 2007

Quote from mbusch:

Long from 1429.75.

EDIT: On second thought, this look all wrong. Closed out at 1430.25 for +.50. Better safe than sorry. Flat.

Ahh, the old truism is always a good one to go by. But I think it was a bit premature. I still think we'll head up to at least 35-ish.

saliva · Nov 21, 2007

Averaged up @ 3450...I think I can perhaps squeeze out at least 3 points.

mbusch · Nov 21, 2007

CNBC Headline:
"Americans In A Foul Mood As Holidays Approach"

Personally, I'm in more of a fowl mood.

Haven't had a losing day this week (knock, knock) and yesterday was my personal best.