ES Journal Archive (2009 - 2010)

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I love dead markets. So damn relaxing to the point of being plagued by boredom. Obviously, all the morons have too much time on their hands.
 
Quote from ASusilovic:

Hum, where is FED POMO today ? I thought all asset prices and "everything" will go up ? :D

Sitting easily on 47 points of profit and feeling just fine....:p

Exit and long 1179.00. Target let´s see. 1198.75 ?
 
Quote from ASusilovic:

Exit and long 1179.00. Target let´s see. 1198.75 ?

Yes, every dip is a buying opportunity...all the way down to 1125. Time for me to go hibernate.
 
cover@ 74.25
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Quote from 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.

After the market failed to reach the top of the range twice, I turned around and started anticipating a break to the downside.

When the support did not seem to hold, I entered a short @ 1176,75 with a 2 point stop. Exit @ 1174,50 using a trailing stop.

Attached is a chart of my trading day.

I sincerely hope and believe this will be a turning point for my trading. I really have to learn discipline and patience.

PS: Very nice trade, BG! I love to see those green numbers :)
 

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Quote from ammo:

thinking out loud, i wonder if emg 's posts are humorously modest,i.e he's long and selling there and jokingly covers it for 1 point

i would not go long because the es tanked. i rather go short because the odd of winning is higher rather than going long. If the es didnt hit my short trade, tomorrow will be another day
 
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