ES Journal Archive (2009 - 2010)

[ammo]

scalping from the short side up here,if it's a turning point it should be large swings, zig zags,normal for a turning market

 

[M3peat]

Quote from David M:

do you got any kind of trading system you follow?

I wouldn't call it a system. My two biggest faults are lack of size (1 contract most of the time) and moving my stop. When I'm right, I try to squeeze every last drop out of it and end up missing a bunch b/c I either get out too early or wait too long to exit. When I'm wrong, the market has a great way of tricking me into thinking it's about to reverse in my favor, therefore move my stop from 3-4 ticks to 2-3 pts. Of course, that's when it reverses (some of the time). / Rant
I've made one big BAD trade this morning. 2 cars but moved my stop, a lot.

 

[NoDoji]

WTF is going on with this price action just whacking back and forth?

 

[F112358]

Patiently waiting for a 35 point red 5 minute bar...

La-la-la...

 

[FattBurger]

Quote from NoDoji:

WTF is going on with this price action just whacking back and forth?

Trying to churn up the volume.

 

[tomahawk]

Quote from NoDoji:

WTF is going on with this price action just whacking back and forth?

My question too .. happened right at 10:30 Eastern, but no reports due out then that I was aware of.

 

[NoDoji]

Quote from tomahawk:

My question too .. happened right at 10:30 Eastern, but no reports due out then that I was aware of.

The only news across my wire was Fitch downgraded Greece. Any excuse to move this muck, I guess :eek:

 

[ammo]

Quote from ammo:

i'll be breakeven at 1180

reduced at 84.75 for a loss

 

[BA_Trader]

NoDoji -

Quote from BA_Trader:

So they can get stopped out this AM... feed the bears... then run it up and stop the bears out. wash rinse repeat.

 

[tomahawk]

Quote from NoDoji:

The only news across my wire was Fitch downgraded Greece. Any excuse to move this muck, I guess :eek:

Must've been it, if the timing correlates. ... thanks.