ES Journal Archive (2009 - 2010)

[trackstar]

selling 39-41.50

stop 43.50

target 28

 

[bvam1]

short 35.5. SL 37. target LOD

jumped on this one. entry could have been better.

 

[trackstar]

The fact that it turned around at 31 instead of 5 points lower is a good thing. Give the bears time to roundup again before attacking the bulls back at the hard support.

 

[riskymove]

I think it needed a little bounce on 30 and 60 min timeframes to work off some oversold condition. Failure to bounce much should worry more dip buyers if they don't get the full team on board.

Interesting that bond yields are heading south but oil and the dollar haven't reaction much in past hour - would expect more selloff in oil and dollar rally or reversal of yield weakness.

 

[bvam1]

Quote from bvam1:

short 35.5. SL 37. target LOD

jumped on this one. entry could have been better.

Seems like reversal up now. stopped out.

 

[lurefo]

Quote from trackstar:

The fact that it turned around at 31 instead of 5 points lower is a good thing. Give the bears time to roundup again before attacking the bulls back at the hard support.

Filling that gap & hitting 938-40 before a down turn is a well expected scenario. A little too obvious to me. But don't get me wrong, I'll hit that sell button if I've got one my setups showing in that zone.

 

[Lawrence Chan]

Just an observation,

NQ tested weekly low, ES printed a higher low relative to its own week low.

ES is much stronger in comparison.

 

[Uncle]

Short 2 at 942.5.. stop loss at 945.25.. target 935.5

 

[MandelbrotSet]

Quote from Trvlwanderer:

... ride the wave.

Agreed ... but that's easier said than done, even for skilled traders.

Good trading

 

[bvam1]

long 38.5. SL 37. target 42.

i think it will test 46 cash. unless everyone is selling the gap close.