ES Journal Archive (2006 - 2008)

Lawrence Chan · Nov 13, 2008

IF we gap down, looking for first bounce to 62-67.

Will have to wait and see what happen there before I go for continuation short or not.

The AH action is too wild IMO.

Edit: If RTH pivot (62) hold, will go long - should then be easy ride to yesterday high

elovemer · Nov 13, 2008

.....porgie says go home.....

Jahajee · Nov 13, 2008

Thursday 13th -- double T day?

Black or White Thursday?

I'd like to see a test of S1 at 833 or S2/Breakdown target at 809/815, then attempt at rally.

Pekelo · Nov 13, 2008

Quote from Buy1Sell2:

I must wait for the bounce to resolve itself and then find the place to short. Swing trend remains down.

Short around 10 am...

The after SDD play worked nicely, even with bad Intel earnings and bad job reports, we still opened with an upgap (as we were supposed to), compared to the cash close....

Futures were 853 at the cash close and at cash open around 858-59. It still should go a bit higher and shorting time is around 10 am....

Edit: I guess it didn't want to go higher...

Buy1Sell2 · Nov 13, 2008

Short 847.50

Initial stop 885.00

ammo · Nov 13, 2008

l47.5, 2 pt stp, out 51, L 51.5, offer 54.5, filled

Pekelo · Nov 13, 2008

Quote from Buy1Sell2:

Short 847.50
Initial stop 885.00

Your entries are hideous at best. If you wanted to short, why didn't you short at the open when we had a decent upgap, instead of waiting for the gap to get filled and going in the red?

By the way I expect a rally today....

GermanTrader · Nov 13, 2008

Where is startraitor this AM?

BoyBrutus · Nov 13, 2008

Quote from Pekelo:

Your entries are hideous at best. If you wanted to short, why didn't you short at the open when we had a decent upgap, instead of waiting for the gap to get filled and going in the red?

By the way I expect a rally today....

I have yet to see you post any trades, ET's finest

ammo · Nov 13, 2008

Quote from Pekelo:

Your entries are hideous at best. If you wanted to short, why didn't you short at the open when we had a decent upgap, instead of waiting for the gap to get filled and going in the red?

By the way I expect a rally today....

Pek,if u go back and read the beginning of this journal,he tries different stategies and learns as he goes,he's had many a good trade,i'm surprised you posted that