ES Journal Archive (2009 - 2010)

[Lawrence Chan]

triple green.

 

[adadadog]

up break out is weak, not followed by volume -- a good short after it is seltled?

 

[MandelbrotSet]

Quote from MandelbrotSet:

Short @ 985.50 (Median Pivot Point)
Stop @ 989.50
Target below 980.00

See ya,

Good trading today

Trade stopped out, -4pts.

 

[tstones]

powerful pattern

Quote from adadadog:

symmetrical triangle on 5m chart forming -- can go either way on direction.

 

[tstones]

didn't look weak to me at all.

Quote from adadadog:

up break out is weak, not followed by volume -- a good short after it is seltled?

 

[JSSPMK]

Quote from adadadog:

up break out is weak, not followed by volume -- a good short after it is seltled?

Intraday it is a bull market, at least that's what price is saying. A 5+ point move in minutes is not a sign of weakness ImPO, volume or no volume

 

[adadadog]

Quote from tstones:

didn't look weak to me at all.

I wanted to say big divergence (8+) between price and vwap. It has to be closed today or tomorrow.

 

[Lawrence Chan]

Quote from Lawrence Chan:

I mean the PA around 986 yesterday. LOL.

Yesterday they failed to take out 990.

Today they succeeded.

Going back to long bias again, probably until new high on daily is made.

 

[tstones]

is there any news? this almost feels like a mini fed event.

 

[JSSPMK]

Quote from tstones:

is there any news? this almost feels like a mini fed event.

980 was Daily support zone, all bulls needed to see is strengthening p/a near support, once formation was in place & price started to rise you got all the confidence that is required for a price run, no FED required.

I made a mistake earlier on, I should have gone Long (after the short) as intraday we have a bullish market. But sometimes eyes play tricks with out minds or vice versa