ES Journal Archive (2009 - 2010)

j13131313 · Feb 3, 2009

Quote from startraitor:

After a move like that it is easy to suffer a bout of premature stortulation, happens to me all the time. Never a bad idea to pull out and take it easy for a while if you are feeling overly anxious.

Seriously, they could reem it higher to rid the klingons. Never got a good reversal signal on larger timeframe.

And they are, moved stop to over swing high from 1/30th. Trying to hold this one, if not will reenter higher for overnight hold.

Took another short around 831. Just got stopped out. I didn't see 838+ coming today.

volente_00 · Feb 3, 2009

WHATYAKNOWBOUTDEMTDAYBOYZ?

TRAIN ROLL ON

http://www.youtube.com/watch?v=8sF0bQBOsFM

swing-scalper · Feb 3, 2009

This breakout looks strong. Don't want to fade it now.

Pekelo · Feb 3, 2009

Now we are in the dragon possible fail-zone. We just have to wait which way it goes... It might not resolve until tomorrow. If we fail from here, 780 by Friday's close.

Today was an "early" ADU, (as opposite to delayed) going 30 minutes ahead of scheduled time. I actually don't remember ever seeing one.... (yes, I just made the name up)

startraitor · Feb 3, 2009

shorting break of 37.50, add at 42, stop above,

freehouse · Feb 3, 2009

Quote from Lawrence Chan:

Posted this morning that 32-38 sell zone.

If 32 results in 5 pts drop, top is in.

You just got your 5 points off the 839.75 top

Lawrence Chan · Feb 3, 2009

Quote from freehouse:

You just got your 5 points off the 839.75 top

Stopped at sell zone and the bottom of sell zone failed to hold.

Sign that higher timeframes sell continuation will start from here.

Lawrence Chan · Feb 3, 2009

Quote from Pekelo:

Now we are in the dragon possible fail-zone. We just have to wait which way it goes... It might not resolve until tomorrow. If we fail from here, 780 by Friday's close.

Today was an "early" ADU, (as opposite to delayed) going 30 minutes ahead of scheduled time. I actually don't remember ever seeing one.... (yes, I just made the name up)

Last time the huge dragon failure tried 2 times to push thru to the upside before breaking down ...

Since NQ has a gap right above that is not filled today, tomorrow is its 2nd chance.

Get In Get Out · Feb 4, 2009

Quote from tommymoose:

I'm looking to buy 1190-1191 on NQ with a 2-3 point stop, target 15+ points... good support, and pullback to that area would coincide with an ES gapfill most likely.

zone cut through like a knife through butter... 82-83 next.

Wanted to ask your opinion on the percentage of gaps being filled from the previous days es close to the next days es open? I heard that 75% of the time the gap gets filled? Is this a strategy that most guys use when trading at the open of the market and how successful is this strategy? Thanx dude...

Lawrence Chan · Feb 4, 2009

Quote from Lawrence Chan:

Stopped at sell zone and the bottom of sell zone failed to hold.

Sign that higher timeframes sell continuation will start from here.

As of this morning 32 turned into support, so the conjecture is invalidated.