ES Journal Archive (2009 - 2010)

[david666]

still short 28.5. Going to hold, might add on retrace. Target 21

 

[swing-scalper]

Quote from david666:

actually, I had an entire short area of 48.00-50

reason i did not use the globex high:


After it came back in from 49, where was the resistance? (talking strictly AH)

Looked to me that it was a fakeout AH.

Couple of other things were used in this trade, but overall 48.25 was entry because that was AH resistance not 49

Superior trade.

Thanks for the insight. Wish to see more of your comments in this thread.

 

[david666]

today was a gd day, made up for a bad mon and wed

this short at 28 is not looking good, stop moved down but still want to see who will win.


target 20

 

[david666]

out .5

didnt like it

had buy at 25.5 but thought we would see 20


ggood job to people who took it

i missed that train

 

[ASusilovic]

Quote from Lawrence Chan:

Wave, 30 is breached, what's next?

872.00...

http://www.marketwatch.com/quotes/xlf

down "only" -0,42 %

 

[Lawrence Chan]

Today the sell volume is light ...

As if bids are not there and it just slide all the way down to the support level.

Edit: It's like sell as much as you want at lower and lower prices.

 

[Lawrence Chan]

VWAP at 33-34 is key.

Once taken out and at as support - close at 850 or above is like.

 

[david666]

33.5 might be good place to scale out for those long

 

[startraitor]

or add to shorts too.

Quote from david666:

33.5 might be good place to scale out for those long

 

[david666]

yes

got my limit place actually