ES Journal Archive (2006 - 2008)

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Quote from avarus:

They gave you a second chance to get long again and short again.
Over 25pts booked already 1 contract and it's only 10:30. Those "1 ES point a day possible threads?" make me laugh.
 
I would be careful about shorting.

Gap down open on bad news is often bullish.

So far, I am not seeing the same kind of selling I saw yesterday. Then again, the day is young.

I have sold puts bought earlier on certain stocks and have gone long the XLF.

As for the ES, I am looking to go long on a successful retest, a la Taylor.

Good luck to all.

EDIT: As for the retest, I may well have missed it right after the open after it crossed 99. If so, so be it. There'll be others.
 
You always gotta have your what-ifs worked out. Opportunity favors the prepared mind. If we breakout, just be positioned for it. Defend your % risk and you will be okay. As I said before the only edge they have over us is the vig and bigger pockets.
 
Quote from avarus:

Over 25pts booked already 1 contract and it's only 10:30. Those "1 ES point a day possible threads?" make me laugh.

More like 1 ES point every 5 minutes!
 
Quote from smilingsynic:

I would be careful about shorting.

Gap down open on bad news is often bullish.

So far, I am not seeing the same kind of selling I saw yesterday. Then again, the day is young.

I have sold puts bought earlier on certain stocks and have gone long the XLF.

As for the ES, I am looking to go long on a successful retest, a la Taylor.

Good luck to all.

EDIT: As for the retest, I may well have missed it right after the open after it crossed 99. If so, so be it. There'll be others.

yup....i`ve been taking quick short 3 & 4 pt scalps because of what i see on the 30 min...............bully sign.
 
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