ES Journal Archive (2006 - 2008)

[Lawrence Chan]

Quote from jagmot:

Got the 1288 off and also 1292 off (high tick of the day for now)

nice trade OT

92 is the bottom of a pretty big sell zone ... 92-22

Hard to say if we will see any major downside movement for now.

Maybe after the long weekend?

 

[Spooz Top]

Quote from OldTrader:

Sold the last 1/3 ES at 1291.00.

OldTrader

nice job,OT

i`m getting the itch to start posting some of my filth again.

where has Wave gone?

 

[ammo]

1 hr spy chart starting 8/11 has reverse head an shoulder with brkout going to 133, ready to take long on brkout above 129.5,coiled opening range could take off big in either direction

 

[BoyBrutus]

ES bullflag/wyckoff hinge the past hour

 

[Buy1Sell2]

Quote from OldTrader:

Sold the last 1/3 ES at 1291.00.

OldTrader

Not certain why you did the scale out if you weren't going to let some run.

 

[satchel]

Advance / declining volume weak compared to the squeeze back to Monday's numbers. You've seen the top, locals are short!

 

[razf1]

anyone else think this thing goes down hard next week?

shorting into this pop.

 

[regal_2012]

ever have the problem where you have a good system, then you second guess it?

thats where the psychological factor comes into play.

we may run to 1310.who knows?

 

[jagmot]

Quote from Lawrence Chan:

92 is the bottom of a pretty big sell zone ... 92-22

Hard to say if we will see any major downside movement for now.

Maybe after the long weekend?

Just don't want to miss what I think is a potentially very big move down to 1200. I'm willing to take some heat on the first few contracts before we really get to my target sell area of 1298. I'm just not sure if we will even get to 1298...

 

[OldTrader]

Quote from Buy1Sell2:

Not certain why you did the scale out if you weren't going to let some run.

Technically I was eyeing the gap at 1292.25, and the last peak at 1294.00 as areas that I wanted to see penetrated quickly. So the plan was to take 1/3rd pre-market and let the rest run. But when we didn't bolt quickly, especially after the first 30 minutes, I had had enough. Holiday week....kinda hard to know what the boyz have up their sleeve.

Also, I felt that if they took the 1294.00 area out, I'd have a better chance to see what this market is made of.

Time will tell. This morning was pretty seat-of-pants. But this market has been a better trade than trender.

OldTrader