ES Journal Archive (2009 - 2010)

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Quote from schizo:

Source please. BTW I don't believe Hedgies are any more reliable than my dog that runs out of the room whenever Jim Cramer comes on air. :D

Anyway, who sees the bulls charging up to 1120-ish?
1130-1150 to make the right shoulder. Then the chance to print 9?? is there.
 
Quote from Now is Now:

Did you take a dump?

Oil 7363 locks me out of Euro until 12280 at earliest tonight.

NiN

Yeah we stopped out on this particular 30m bar signal and 1 other on the way up as well...we had a nice long off of the 30m bar 10:30am est, that was our only long today on the 30m bar. Had various other longs & shorts off of the 5m and 1m...intra-day engines are shut down for the day...we are net +8 points for the day...few months ago a day like today would had been around net +3...

...Now only active ES trade is off the daily bars...1101.50 is exit target.

I just need/want this market to hit 1126 or 1032 so I can get our swing trades going...
 
Quote from volente_00:

1130-1150 to make the right shoulder. Then the chance to print 9?? is there.

My point was that the hedgies are saying they're selling while they're actually buying. Don't buy into their crap. As for the 900 target, I'm of the opinion that we'll fall right back down to 666 by early 2011 (or perhaps sooner).
 
Quote from schizo:

Half out 92.75

SL moved up to 88.75, otherwise will ride overnight.
Rest out 97.75

Consider it one of those "what the hell" trades.
 
05-28-10 03:58 PM

15 minutes to 1080, if not then weekend globex target 1080-1072.

Hold to 1109

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almost there
 
Quote from schizo:

I assume the SMA you allude to is a daily line. How do you then accommodate it on an intraday basis? You might get more than just one touch. For instance, we touched 81 in the morning in addition to the one in the afternoon.


Well, I use it on all timeframes. But for using the daily on intraday basis today was a good example:

In the morning we ran up to it and around 10:30 we bounced back from it (this is the famous SMA bounce). At this time we had a chance that we would go much lower.
But once we went through it, it became resistance and as the afternoon showed, we got another nice bounce from it, just upward this time...

This is basicly the mean reversion thingy, I will post a chart later....
 
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