ES Journal Archive (2009 - 2010)

ASusilovic · Feb 4, 2009

Quote from Lawrence Chan:

Today has most of the trend buy day quality.

Gap up not close. Open range breakout upside. etc.

So closing the gap may not be a high probability setup, yet.

Excellent setup, so many bulls out there :

http://www.cboe.com/data/IntraDayVol.aspx

rjscas99 · Feb 4, 2009

Do any of you watch Tom Demarks trade indicators? If so do you know where I could obtain a software manual?

Thanks in advance

Lawrence Chan · Feb 4, 2009

Quote from ASusilovic:

Excellent setup, so many bulls out there :

http://www.cboe.com/data/IntraDayVol.aspx

Yep - great risk reward ratio if you short from the top

david666 · Feb 4, 2009

Quote from david666:

short 49

looking for 15-20 target

very discretionary, will get out if i see reason but this is what ive been waiting for

Still holding...I agree that the time was not really with this move, I would have liked it better if it was a quick down move. However, with such great risk to reward, I could not watch it go by.

I took 2 ticks of heat on a pissible 30+ point move.

wave · Feb 4, 2009

tbone, did you take the short and are you still holding?

[Proximo] · Feb 4, 2009

Flipping long here. Was short.

Small targets. This could collapse later in the day.

T1 @ 1233. Trading around this area expecting chop.

edit: Took some off +3.00
edit: stopped on rest scratch on total.

Lawrence Chan · Feb 4, 2009

Pek,

Seems like the daily SMA is holding the mkt up at this point.

Get In Get Out · Feb 4, 2009

Quote from [Proximo]:

Flipping long here. Was short.

Small targets. This could collapse later in the day.

double bottom at 837.75...might be a powerful bull upswing into close....stop at 835....

swing-scalper · Feb 4, 2009

Quote from david666:

Still holding...I agree that the time was not really with this move, I would have liked it better if it was a quick down move. However, with such great risk to reward, I could not watch it go by.

I took 2 ticks of heat on a pissible 30+ point move.

David666,

What's your stop when you initiated the short at 849?

wave · Feb 4, 2009

848 next short area.