ES Journal Archive (2009 - 2010)

[tortoise]

Quote from Trader_BG:

short@79.50 stop@82.25 limit@73.50

watch out ... it's a trap

 

[ammo]

guess.....from 10/21 til 11/1 or 2 ,there is a triangle es with a rough top of 86,the dollar flirting with the res line 79.22,es goes up and touches that ,dollar moves so slow ,don't know when it will touch lower support in wide to very narrowing triangle of 78.57...eur hit minor tl and might push up to 1.3585...apparently no panic to continue getting out after yesterdays obvious change in trend

 

[Pholeuon]

I am looking where to buy this dip. Just experience learned me - if there is no panic (dumping positions) they will take us lower.

 

[ammo]

es possible exp scenario,1 of several so a longshot,just b.s. ing ,theres that 86 touch and then a push up to next tl starting formation of right hns shoulder, as long as there is economic uncertainty and no agreement on a cure ,everyone will keep printing and building debt,opting for the short term fix,apparently that's the only solution available

 

[ammo]

Quote from Pholeuon:

I am looking where to buy this dip. Just experience learned me - if there is no panic (dumping positions) they will take us lower.

you could buy on this nip(78.5-81.5) with a 77.5 stop,break below would take us to bg's ledge of 73

 

[emg]

Quote from Buy1Sell2:

Longer term position player looking to post here some shorter term ES trades to begin to get a feel for the intraday movements etc. Some positions will be held overnight and I will use this as a training ground to get stops put in at correct levels etc. It may take me a while to get good. I am used to holding positions for weeks and months.

First trade was short yesterday at 1289.75 (from another thread). I'm still short ESH6 as of now with the stop at 1297.50.

this guy is still short

 

[ammo]

careful,you'll wake up pek's detective agency

 

[ammo]

fib pik

 

[Laissez Faire]

Nice trading range between 1178 and 1181. Support seems to be strong. Currently sitting on my hands and anticipating a breakout either way.

The NYSE TICK 20 SMA has been above zero for most the day, but it is not very impressive.

However, the strong support at 1178 makes me lean towards an upside breakout as I see things now.

 

[ammo]

home depot weighing on the dow