ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from Lawrence Chan:

Liquidation in the underlying continues.

Unless we see papers step in to buy here, we probably have to wait for low 800 for a better bottom.
More...

looks like you might be right.
 
Quote from pulsescan:

ES 872 could be in play as early as tomorrow.
More...



Quote from pulsescan:

ES @ 865.25 is inplay.
More...


932.50 is the next stop. However this probably won't be hit until tomorrow as the NQ is now moving sideways on the 60min chart. ES & YM are trying to find a bottom here to bounce. Too much selling pressure though to make this happen at this time. Should test the 932.50 1st.
 
If you're ever concerned about catching the falling knife, give yourself a buffer to work with. For example, if I believe 943 is the bottom of the day, I might place a stop buy order at or above 953 once 943 is hit.
 
Quote from saliva:

If you're ever concerned about catching the falling knife, give yourself a buffer to work with. For example, if I believe 943 is the bottom of the day, I might place a buy stop order at or above 953 (just an example).
More...

Nah,
I like to look for momentum to bail me out. not so today. I don't play with knifes. If I miss the short i.e. the mkt gaps down on me then I catch the SDS instead of the ES short. Likewise if I miss the ES long then I play the SPY instead. The stocks are a bit more effecient then the futures as far as my style of trading goes.
 
Stop moved to 964.75 minimum +3

Stoppedout

Plan
Target appr 977 - I expect resistance here, I will reenter on pulback around 970

Quote from Pholeuon:

Long 961.75 stop 959 - big reversal formation on 1 tick chart

Stop moved to 962

Stop moved to th 962.75
More...
 
Status
Not open for further replies.
Back
Top