ES Journal Archive (2009 - 2010)

[atticus]

Quote from petty1978:

And if you like take every trade I have posted and run the math. I started in this forum last Monday. These are random trades not part of any money management scheme. Then post it and I will verify your results.

And I offered bighog NT code and he refused.

Let it go, it has nothing to do with your PNL here. I am sure Pekelo will take the challenge and run the numbers. You qualified it by stating these are 10% of the total, and random. If so, then there is some persistent trend in the 10% you've posted, randomly.

I am pissing off your Bros, so I won't respond further. I sincerely hope everyone here kills it this week.

 

[Illum]

What in the hell was that. That is the longest hammer I ever witnessed. I was trading since 11pm last night, it was a wild bear let loose. Euro was fallin apart. I think it was like 1 am EU Pres Van Rompey comes out and says "The stronger nations should sell more bonds to help out." Aka Germany. Hour or so later Germany comes out and Says No. All hell was breakin loose. Then a massive rally when we open....? I'm waiting to hear how much money will be burned. This must be massive intervention. Insane. If nothing... I will always believe ppt. Insane. Its not like a flight to US quality. Euro ripped.. Asia sells euro, Euro sells Euro, we buy the hell out of it.

 

[atticus]

Quote from Illum:

What in the hell was that. That is the longest hammer I ever witnessed. I was trading since 11pm last night, it was a wild bear let loose. Euro was fallin apart. I think it was like 1 am EU Pres Van Rompey comes out and says "The stronger nations should sell more bonds to help out." Aka Germany. Hour or so later Germany comes out and Says No. All hell was breakin loose. Then a massive rally when we open....? I'm waiting to hear how much money will be burned. This must be massive intervention. Insane. If nothing... I will always believe ppt. Insane. Its not like a flight to US quality. Euro ripped.. Asia sells euro, Euro sells Euro, we buy the hell out of it.

Ideal opportunity to sell gamma, either long or short vol. Nearly perfect on stat (gamma-sale) and atm vol and skew (to a lesser-extent).

Short 1080 straddles, long the 20/80/40 ES June fly from 16.00, put ladders... and bull risk-reversals will earn more than a long outright swing trade.

 

[trader198]

made 63points on ES, normally I trade NQ, but ES seems more fun just like crude.
hold last long and closed it at 1073.5. in last hour alone, made 31 points in scalping( buy dip and sell rally,short rally and buy dip) I know the feeling of those short sellers since I was once shorting those rallies and got killed.

Quote from trader198:

short sellers in morning and last night is trapped,keep buying in little dip, we will be green?

 

[atticus]

Quote from atticus:

I and others are short the ES June 1100 straddle (synthetic) from 88.00 premium. Long ES from 1078 and short the 1100Cs.

Expecting a strike touch (before Monday) and a trade-out at 70.00 premium. Will look to hold half until expiration.

Never got a chance to close due to gaps. Will cover tomorrow at 60 or better.

 

[NoDoji]

Quote from Pekelo:

I went long when I saw this, thanks for that 5 points!

Awesome, Pekelo! I wasn't following ES Journal today and missed emg's call.

I've been in Skype with an ES trader and we were quite good about discussing the strong long signals from the break through 1058.50 (finally, on the 5th try) all the way up above 1070, but weren't getting strong enough pullbacks to feel confident in entry. So we sat on the sideline watching it just keep going.

So I remember Al Brooks discussing using the 1-min chart for entering a strong trend and sure enough it looks solid as a rock for "safe" entries.

Do any of you use the 1-min pullbacks to the 20-bar EMA or the outer Keltner line for entering a strong trend-in-progress? Today it sure looked like a good way to get an early entry without waiting for full confirmation on the 5-min chart and having to place a 5-pt stop to have it survive.

Today left a nice green hammer at the bottom of massive move down, BTW. I'm out of town after tomorrow, but would have a short term long bias here, barring any nasty news.

 

[Illum]

Very new to selling options, was trading futures all night and today. Didn't even think to use options today. Will look at that, try to see what you are sayin... Although it is like tryin to talk ball with Mickey Mantle, and I'm just a pee wee player Thx though.

 

[petty1978]

Quote from Pekelo:

We can only judge by the trades you post here. Would you mind posting only the winning ones in the future? Maybe less is more, that's what I am trying to say....

Furthermore, what is the value of posting trades if they are not consistent or teaching something? (Mind you consistent loser trades are also good, one can fade them.)
The worst posted trades are the inconsistent ones, because one can not go by them, either way....
Just an observation...

P.S.: Your company is really OK with you posting their trades?
P.S.S.: How do you have time to post here if there are 9 times more trades and about 30% of today's posts came from you?

#1 My company is a "black box" trading business. I have plenty of time Pekelo.

#2 Its MY company.

#3 If you think you can deduct how I trade from these random trades then kudos to you.

#4 If you "go by" peoples trades in here I would suggest you only learn from them not try and produce income from them.

 

[trader198]

I use trendline in 1minute chart plus78EMA & MACD, I did not use HOD, my breakout point is at 1051around. of course, I judge short sellers may be trapped when it hits HOD that is 1058, so feel very safe to enter above this level at any dip to my EMA and trendline, most I did last hour are long since I do not want to go short to play fire

Quote from NoDoji:



Do any of you use the 1-min pullbacks to the 20-bar EMA or the outer Keltner line for entering a strong trend-in-progress? Today it sure looked like a good way to get an early entry without waiting for full confirmation on the 5-min chart and having to place a 5-pt stop to have it survive.

 

[NoDoji]

Quote from trader198:

made 63points on ES, normally I trade NQ, but ES seems more fun just like crude.
hold last long and closed it at 1073.5. in last hour alone, made 31 points in scalping( buy dip and sell rally,short rally and buy dip) I know the feeling of those short sellers since I was once shorting those rallies and got killed.

I see no value in posts like this. Either call your trades live or post your time & sales blotter when you make this post so we can see how you managed to capture twice the entire day's range.