ES Journal Archive (2006 - 2008)

[tommymoose]

Looking to get short ~2002 with a small stop. Possible wedge going into resistance. Needs to hold 98.75 on this push down to stay valid.

wedge pattern nixed.

 

[ammo]

new high in trin for day,could go test new low 76 area

 

[bvam1]

Ahh, should have stick to my 83-84 lvl. Had to drive to work...entered early.

 

[Spectre2007]

Quote from Spectre2007:

1. oil
2. gold
3. inflation
4. housing
5. consumer discretionary spending
6. politics
7. war


some reasons that vol will pick up again.

<a href="http://content.screencast.com/media/2f625e69-1155-4436-b2b8-1457a4364bff_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_06012008-141419.jpg"><img src="http://content.screencast.com/media/2f625e69-1155-4436-b2b8-1457a4364bff_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_06012008-141419.jpg" width="1252" height="657" border="0" /></a>

nice spike Vix..drop in spooz, and 30 year yields.

<a href="http://content.screencast.com/media/f35cae7c-cf47-4118-a20b-bdd54db4aee2_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_06022008-143454.jpg"><img src="http://content.screencast.com/media/f35cae7c-cf47-4118-a20b-bdd54db4aee2_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_06022008-143454.jpg" width="1276" height="977" border="0" /></a>

 

[tommymoose]

Short NQ 2001.00 stop 2003.50. Last shot short at this for me... holding for new lows (1984 would be nice).

 

[tommymoose]

Quote from tommymoose:

Short NQ 2001.00 stop 2003.50. Last shot short at this for me... holding for new lows (1984 would be nice).

Bracket MIT orders to close out sitting at 1984.75 and 2000.25. Otherwise I'll close at EOD.

 

[kinggyppo]

Nice call spectre, nice dump on the eurjpy as well.

 

[JSSPMK]

Quote from Buy1Sell2:

I am looking for an area to reenter long. Probably not today though. Weekly chart is very bullish. Monthly though not so much.

I think what would be very interesting is to see what exactly do you see in the weekly chart to form an opinion of 'very bullish', TY!

I do see what you are waiting on on daily & 240.

 

[jagmot]

Small position here long at 1381.75. I'm seeing some bottoming out on the 30m and 60m charts. I'd like to see some confirmation tomorrow with the internals for me to add to position. I have a catastrophic stop located at 1348 and will look to tighten up parameters during the trading session.

 

[Buy1Sell2]

Quote from HooLee:

For weekly and monthly, in what price level will you chagne your view?

No price level in mind. I would tell you that the daily broke a reaction low in the 1380 level and is most likely bearish for the time being, while the weekly has not broken a reaction low yet and remains bullish. The monthly of course broke it's reaction low as I documented numerous times here at ET during the month of January 08. The reaction low was from Auggie 07. Monthly remains bearish in my view, so the best course here is to probably look short on the weekly , but the daily could still be traded from the long side with the right signal. Daily bearish right now in my view though. My closing out on Fri MOC proved to be a good exit point as I picked up 17 plus points on each of 20 contracts.