ES Journal Archive (2009 - 2010)

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Looks like some of you might be getting VWAPed by now. When such an indicator is tossed around on the message boards one time too often then it fails to work. Right now we are past the so-called "double bottom" or "triple bottom" and even the "VWAP" that has been bandied about on so many of the boards this morning.
 
Quote from ammo:

2was a nice trade doj
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Thanks, ammo. I wasn't getting much out of shorting breakdowns lately, so I shorted the upper Keltner line, worked like a charm :cool:
 
ECB's Trichet: Greek standby aid plan 'workable'.

I was hoping we'd get more than that. Something more reassuring.

Anyway, I'm short 71.75 touch hoping we can get a trend sell. Target 1160, that was the last 'Greece uncertainty' price level, IMO. Stop 74.75.
 
Quote from F112358:

Did anyone short the close yesterday and took +5 already or nobody trades that way?
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Yeah shorted the close, took 3.5. Just shorted 1174 off the open.
 
My Greece indicator is not the news, but NBG. I figure the National Bank of Greece will start popping when the situation is truly resolved. As NBG keeps falling 3-4% a day, the situation is obviously not resolved and in the final minutes they will try to get out on the deck of the Titanic trying to tell everyone that nothing is wrong while the smart money finds a way to get into a lifeboat.

Quote from Kedwards:

ECB's Trichet: Greek standby aid plan 'workable'.

I was hoping we'd get more than that. I'm short 71.75 touch hoping we can get a trend sell.
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