ES Journal Archive (2006 - 2008)

[Pekelo]

Chartpatterns repeat themselves in different timeframes. Here I am showing a 5 mins chart of a day that I expect to be repeated in the daily (longer) frame. We are currently at the 12:35 stick after putting in a doublebottom, shoting over the SMA line (fed's day) then next day pulling back to the SMA (on this chart it is a bit overshot) and last Thursday bouncing from the SMA.
I expect to touch the upper Bollinger band sometimes this week, which is right now around 1385, but I expect it to come lower in the next few days. The upmove doesn't have to be straight, we might visit again or get close to the SMA, but the trend should be up...

On this the upper BB was reached 5 sticks after where we are now...

 

[volente_00]

rule of 10 anyone

 

[Buy1Sell2]

Stopped myself out this morning. Roughly 140 points profit on 2 commissions. No ES position for now, I will look to get short again in the future. No longs for now.

 

[gwac]

while some will bitch about what you have done. I say nice work and nice return!!!

Quote from Buy1Sell2:

Stopped myself out this morning. Roughly 140 points profit on 2 commissions. No ES position for now, I will look to get short again in the future. No longs for now.

 

[candles]

trying a short here at 1351.0 on the SPX

4 point stop

 

[princessa]

un-friggin-believable....

how bout that run up, eh?

 

[Lawrence Chan]

$TICK stays in positive territory whole morning.

 

[freehouse]

Quote from Buy1Sell2:

Stopped myself out this morning. Roughly 140 points profit on 2 commissions. No ES position for now, I will look to get short again in the future. No longs for now.

Great job!

 

[Spectre2007]

played the ES move in the 30 year bond futures, this morning was a nice arb opportunity, since bonds didn't reflect the optimism in the ES as much in terms of price differential.

excellent trade.

 

[Pholeuon]

I can not believe that they were able run upwith that overbought market on daily frame. Imagine, ADX by ZF, ZN was over 70 long time!!! /inverse corr./ Long time I did not saw anything like it - may be in August running from lows.
This means that all big boyz were pushing market up - coordinated action.
There is evident effort lift this market.