ES Journal Archive (2009 - 2010)

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Quote from iloveoptions:

Long 693.75, target 706.

If it can stay bid here and close above 706 on the hourly we will see a sustained rally for a re-test of 724.

We're about to print a 5momo higher low buy on the hourly, if it holds up we go--it may coincide with the 9am EST reversal.
 

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Quote from paul_alan:

Back in profit from my short from 2 days ago, lol. Held it though that rally yesterday. Nearly took a loss but AMT using his delta stuff said he was short so i held on.

It took some brass balls to hold through that rally. A few more handles to the upside and we drift 10 handles higher. If "they" wanted it to go much higher they would simply just announce a press release suspending M2M accounting.

Heed!
 
Quote from riskaddict:

where the hell is everybody. retired?

hey RA, are you still holding 81.50 till friday or did you set a stop after the run up yesterday.

great entry btw.

newbie
 
Quote from Bigpipn:

If it can stay bid here and close above 706 on the hourly we will see a sustained rally for a re-test of 724.

We're about to print a 5momo higher low buy on the hourly, if it holds up we go--it may coincide with the 9am EST reversal.

I hope you're right Bigpipn :) Sorry I didn't respond earlier to your PM, but nice chart you sent me. I wouldn't be surprised if we go to the mid low 680's where I want to add, and that should be it for today.
 
Quote from Bigpipn:

If it can stay bid here and close above 706 on the hourly we will see a sustained rally for a re-test of 724.

We're about to print a 5momo higher low buy on the hourly, if it holds up we go--it may coincide with the 9am EST reversal.

02-03 will tell the tale if there is an attempt to rally.

Edit: 2nd day where the PP is not touched?
 
Quote from Lawrence Chan:

02-03 will tell the tale if there is an attempt to rally.

Edit: 2nd day where the PP is not touched?

That's why I said if he's holding to 706 he might as well see if that hourly closes above it.
 
Quote from riskaddict:

why do traders pigeonhole themselves to a specific strategy? It isn't difficult to look at price movements from different perspectives and time horizons.



Because the real money comes from finding your edge and exploiting the hell out of it while you can. If you are bouncing all around trading mutliple strategies it will undemine your confidence in what you have.
 
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