ES Journal Archive (2006 - 2008)

[Pekelo]

Quote from Buy1Sell2:

Answer 1 --trend is always up or down. I do not believe in flat market conditions.

Doji.

Most Mondays before Fed Tuesdays are flat...

 

[vertigo3]

anybody out there watch the DOM?
your interpretation would be appreciated. Size big on bid side

 

[vertigo3]

crude now $131.82
what a kick in the head.
BRB, have to go fill gas tank.

 

[Buy1Sell2]

Stopped out 1408.75

2 units -11.25 (times 2)

 

[Buy1Sell2]

Long 1410.75

Initial stop 1372.00


4 units

 

[callmate]

Quote from Buy1Sell2:

Long 1410.75

Initial stop 1372.00


4 units

Your stoploss is 38 points away for each contract? I am going to watch this trade with interest

Good trading to all

 

[Buy1Sell2]

Quote from callmate:

Your stoploss is 38 points away for each contract? I am going to watch this trade with interest

Good trading to all

Yes, this will be initial stop. JSSMPK's 240 still looms, so the stop from the long side needs to be larger until reaction low is taken out on daily. I've got a bit more size on here, so it may be worth my while if right.

 

[Dean80]

B1,

Do you have any positions on oil or thoughts?

thanks

 

[callmate]

 

[MandelbrotSet]

Quote from Buy1Sell2:

Yes, this will be initial stop. JSSMPK's 240 still looms, so the stop from the long side needs to be larger until reaction low is taken out on daily. I've got a bit more size on here, so it may be worth my while if right.

Glad to hear it.

The market is currently in the process of consolidating and will be moving substantially higher from here so long as 1400 holds (kinda obvious). Just as obvious, if it doesn't, there might be a new game in town (but I think it will on a daily close basis).

Not knowing your profit target (if such exists) I'm not sure how you'll be able to take advantage of your Longs, but I hope you profit handsomely.

Good trading.