ES Journal Archive (2009 - 2010)

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Quote from volente_00:

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Quote from owusu:

where is Airwaves?









He pm'd me and said he went long 40 at 1041.25 and has NO FEAR

:eek:

:eek: :cool:
 
Quote from ASusilovic:

Target reached. Exit rest of position. One day later than expected. Better late than never...

They needed those extra contracts yesterday to fuel this move =)
 
ES has gone down in after hours, so far my put is doing good, wanted to also short GBP, but that would basically be 2 trades in same direction so decided not to do it. Early in day, I had a GBP short, that I decided to hedge with an CL long which was a big mistake. Its better to just use stop and target and not hedge trades, just except the trade you made in the 1st place.
 
Volente,

I see you are a fan of head and shoulders and its reverse counterpart. In my experience, the textbook horizontal ones are not very accurate. It's more efficient when the formation has inclination, much like the magnificent chart "ES Dreamer" posted.

Furthermore, definitely not the case above, a fade of the neck breakout attempt with some type of confirmation is infinitely more profitable than expecting the breakout as the market spends more time dancing than trending. Once that is achieved shoulders tend to be destroyed and many times a new leg forms past the head.

Hope the info serves you well.

No Heat
 
Quote from oraclewizard77:

ES has gone down in after hours, so far my put is doing good, wanted to also short GBP, but that would basically be 2 trades in same direction so decided not to do it. Early in day, I had a GBP short, that I decided to hedge with an CL long which was a big mistake. Its better to just use stop and target and not hedge trades, just except the trade you made in the 1st place.

the real shorts should be licking their chops here, like the sep 30 vix
calls for a lottery ticket.
 
Sitting just beneath 50% fib retrace of 9 Aug highs and 25 Aug lows.

61.8 at 1092 range

Gap above, gap below.

Watching eur to reflect continuing Irish banking problems and support at 1.274
 
Quote from Trvlwanderer:

Sitting just beneath 50% fib retrace of 9 Aug highs and 25 Aug lows.

61.8 at 1092 range

Gap above, gap below.

Watching eur to reflect continuing Irish banking problems and support at 1.274

I think we could trade 85 to 65 between now and tomorrow.


And 65 has an even better chance if we closed that gap in the 90's
 
Quote from volente_00:

I think we could trade 85 to 65 between now and tomorrow.


And 65 has an even better chance if we closed that gap in the 90's

I'm showing all gaps in the 90s as closed.

I see the gap at 1061 and 1102.

Where in the 90s?
 
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