ES Journal Archive (2009 - 2010)

[Renah]

Quote from David M:

904.50 is major resistance for now ... but also the line of a ascending triangle if broken it the next 10-15 minutes will bring alot of bears in ... if not I'll get stopped

Candles are telling me we still have some room upwards, let's see, hope I'm wrong.

....although now I think I "should've" waited longer!

 

[saliva]

The ascending trendline is broken. May the selloff begin!

 

[trackstar]

covered 2 more at the bottom of intraday channel, holding the other half still.

 

[Lawrence Chan]

Quote from saliva:

The ascending trendline is broken. May the selloff begin!

Many people believe that a day high/low is almost always printed after 3pm.

That translate into dip buyers when new high printed before 3!

 

[Renah]

Quote from trackstar:

covered 1 contract at 93 out of boredom.

edit: *makes mental note* work on patience

95.75 is stop on remainder

Great trade Track, but the market is not behaving "normally" these days, so neither am I!

I'm calling it a day, will just watch now...

 

[saliva]

Quote from saliva:

Short 94.5

It seems like another day of massive confusion.

Man another f----up day, Out at BE

 

[David M]

Quote from saliva:

The ascending trendline is broken. May the selloff begin!

trendlines have timelines, new trendlines over time are being drawn, and while I type this there is a new ascending channel already in the making and intact, question is always will it hold will it stay there break out higher will it touch the upper trendline , will it break lower ...


also not to mention that a 30M daily chart looks ultra BULLISH for now.

 

[trackstar]

stop now at 95

 

[Lawrence Chan]

Quote from Lawrence Chan:

890 and below is the landing zone.

Previous day high acted as resistance after the w. thrust.

Dip buyers are now toasted.

Target reached! =P

Sal, stop above previous day high man!

 

[trackstar]

Quote from David M:

trendlines have timelines, new trendlines over time are being drawn, and while I type this there is a new ascending channel already in the making and intact, question is always will it hold will it stay there break out higher will it touch the upper trendline , will it break lower ...


also not to mention that a 30M daily chart looks ultra BULLISH for now.

Doesnt look bullish on mine at all. If anything looks extremely bearish. Covered another at 91.25, still holding 2. Stop on remainder is now at BE+1.