ES Journal Archive (2006 - 2008)

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Quote from rock34748:

Bull is fighting back hard... No position.

I knew I stilled smelled bull .... Now we'll see.
1168.25 short
72.25 stop
61.5 target (scalp, against my will)
 
Quote from learner2:

would you care to say more about this...I'm trying to understand (1) what you're seeing that leads you to believe that we **should** and (2) where would it be. Thank you for any clarification...

Well, I looked up my chart collection and Aug 6th looked pretty similar to today and that sold off at 3 pm...That is usually a selloff for days when the rally is really strong.

For the record, we had a top at 3:07, 1167 and that sold down to 1159 before resuming the rally....

Well, delayed or not, it was definiately an ADU! :)
(again, the best approach was the lazy one just holding it all day)
 
Quote from osorico:

Don't know anything about your 3pm mention, but I agree in concept.

YM 640, ES 1148 are targets. JMO


Last trade of the day....

S YM @877 x2
Stop @910
Target @640

Trade will be closed, either by stop, target or manual before 4:15pm EST. No overnitght hold.

EDIT: stop @890
EDIT stop @875 :)
EDIT: out @864. 3:58pm
 
Quote from Pekelo yesterday 3:50 pm:

OK, let's make some predictions here:

I think we bottomed today.

Well, we are a bit higher today if I might say so.... :)
 
Quick question guys. I am very new to trading the ES. I have been watching it for about a month and paper trading. I have had fairly good success but still not as good as I would like and had a question.

I know economic situation and have noticed the last week and especially the last couple of days. It just seems blah w/not much action. I realize this is due to what is going on but I guess I am wondering if it is the lack of volume to be more specific? Are more people just waiting it out to see what is going to happen? I don't have a reference past about a month or so ago so I don't know what the action was like before this.

Thanks.....

Paul
 
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