ES Journal Archive (2006 - 2008)

[Specterx]

I don't know, it still feels weird, lots and lots of heavy selling into the market, huge market orders are hitting and slamming price down by 3-4 ticks during these pullbacks. That was a nice upsurge from 76 but the follow through has lacked conviction.

 

[Spectre2007]

5 minute trendy...profit was too huge on longs intraday just bailed on all accounts....will reload longs at new lows.

 

[kinggyppo]

Bottom line is price or the market rejected 1170 for now. I was fooled by what looked like accumulation. Even harder than taking these trades is holding them when you start to breathe some air.
1190 near term resistance cash or spy. A close today above that would be bullish.

 

[Spectre2007]

my edge..

 

[pulsescan]

I have resistance around 1198 on ES.

 

[Lawrence Chan]

We have not seen the 2:30 bail out run up for a long time until today.

The message I can get from this is that below 1180 is not allowed

 

[pulsescan]

1180 is about to crash right through!

 

[jagmot]

Buy 1179.50
Stop 1176.25

(not yet filled)

Lawrence - let's hope they can tag my buy order

Edit: filled (2:57PM EST)

Edit2: taking 1/2 off at 88.50 +9
Stop to BE (3:05PM EST)

Edit3: Stop to 82 (3:12PM EST)

 

[BoyBrutus]

I still don’t believe the trend has changed

 

[Spectre2007]

it will end at the lows of the day...

the pattern has been let the market make new lows till around 11:30 ...buy for upsurge... then reshort at 2:30 pm...

'cascade' on daily charts has to end..usually takes 2 days of sellings.