ES Journal Archive (2006 - 2008)

[candles]

Quote from candles:

Buying the SPX here at 1318.4 - 3.5 point stop on this one.

Closing for B/E. Offered me 2 handles at one point

Not sure what its doing so best get out i guess

edit: actually got 1 point out of it

 

[ammo]

makes sense that there is some scrambling going on to figure out the ambak debt,can't be positive

 

[candles]

1321.8 short attempt - 2.5 point stop

 

[ammo]

sh 22, add 23.5, 24.5 stop, 20.75 bd, 5 min support line 20.25, filled flat

 

[JSSPMK]

Short 1322 off 1

Scaled out +2

Trade reversed off 1 & poss 30, Long 1322

 

[candles]

Quote from candles:

1321.8 short attempt - 2.5 point stop

covering half here for 2 points.

B/E stop on remaining

 

[smilingsynic]

No positions in ES at this moment. Simply put, I have no idea where this is supposed to go. The market is skittish and neurotic, and I have a hard time dealing with those qualities, in people, and in markets.

A retest of the morning low is probable, yet there is an unfilled gap, another possibility. I like buying successful retests, but not usually this low (under S1) and so close to the edge of the cliff.

I'm not putting any chips in the pot until things clear up. The market will always be here--later today, tomorrow, next day, and so on. But right now--I really do not have much of a clue.

Some might like the market like this, volatile and everything, but I find it more difficult. I'll stop back later.

 

[Lawrence Chan]

Hugh spike in tick index going down without significant price break.

Odd.

 

[Pholeuon]

I think at first bellow S2 and ending day around pivot. I have position so I am 99% wrong. If I did not have it I think scenario is 99% sure.

 

[ganesh6]

Good one

Quote from Pholeuon:

I have position so I am 99% wrong. If I did not have it I think scenario is 99% sure.