ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from smilingsynic:

Looking to add around 40, if it gets there. I am building a position, not intraday trading here.

If the midday bounce does not impress me, I will bail and look to reenter later.

Please note; I do not suggest averaging down while trading high leverage intraday. That approach probably claims the most casualties in this business.




If we don't bounce here, then I am done fighting for the day. longer term, we can still peg 1290-1300 from option interest.
 
Quote from volente_00:

If we don't bounce here, then I am done fighting for the day. longer term, we can still peg 1290-1300 from option interest.

If I were intraday trading this, I would NOT be long. I haven't seen one buy program today.

If the mid-day bounce ends up being weak, then the afternoon has trend day written all over it. 1318.


EDIT: Weak bounce = anything that doesn't hold over 1350.
 
Quote from smilingsynic:

If I were intraday trading this, I would NOT be long. I haven't seen one buy program today.

If the mid-day bounce ends up being weak, then the afternoon has trend day written all over it. 1318.


EDIT: Weak bounce = anything that doesn't hold over 1350.

The day is still young, I am bullish as ever right here and still think we close above 1440 today.


:)
 
Status
Not open for further replies.
Back
Top