ES Journal Archive (2009 - 2010)

startraitor · Mar 16, 2009

Out partial 752. I did mean 769, that was a prime area for lucky longs from 739 to cover and go short.

Son primes of order 13
641, 643, 653, 739, 769, 773, 821

Numbers that are both lucky and prime
631, 643, 673, 727, 739, 769, 787, 823,

Quote from startraitor:

short 67-79, stop over 72, target 55-.

Quote from startraitor:

I am thinking 769 is a prime area from which the lucky longs of Friday's low of 739 will take us back to that low for a test.

iloveoptions · Mar 16, 2009

Quote from saliva:

Fair enough. But when you refer to yourself as a "delta", are you referring to one of the options greeks? I see this term popping up everywhere these days although it has nothing to do with options. Sorry, but I'm an agnostic on these things.

Yes, the option greeks.

saliva · Mar 16, 2009

Quote from swing-scalper:

FOMC plus option expiration week. G-20 London Summit is also on the horizon (04/02/09). Could be a volatile week.

Since I don't follow option-ex, I can't comment on the specifics. But the chart does tell me that there will be a sharp snap to the downside.

Looks like we're closing near the Friday's close as expected.

tommymoose · Mar 16, 2009

Quote from tommymoose:

Profit target #1 hit. Updated chart attached with the other zones. We should hit some resistance in the low-mid 770's before going to target #2, but I'm going to try and game it.

The only zone worth shorting. Let's see how far they let it fall.

I'll actually be looking to short a retest up to the mid 760s tomorrow if we get one as a hedge

saliva · Mar 16, 2009

According to my crystal ball, here's tomorrow's trading range:

High: 762
Low: 721

Whatever the outcome, don't forget to have some fun in the process. Good luck!

tommymoose · Mar 16, 2009

Quote from saliva:

According to my crystal ball, here's tomorrow's trading range:

High: 762
Low: 721

Whatever the outcome, don't forget to have some fun in the process. Good luck!

Although it may be a little ambitious on the timeframe, I like the call. A morning retest of the low-mid 760. If we get a reversal there, first target 730 is a lock... i expect cascading selling world is gonna end type shit... could happen same day, could take a couple... looking for it to fizzle at 710-720. From there we'll at least get bounce, if not continuation of this rally.

Making money is fun. Losing money isn't.

ASusilovic · Mar 16, 2009

240 min SMA 752.75. Resistance 758.25 / 771.50 / 789.00. Support 739.00 / 726.75 / 708.00.

JSSPMK · Mar 16, 2009

Perfect triple D on 240 in histo, I would be a seller ticks below 740 June ES, with target of 1/3 position to 720-710

Best to all!

austinp · Mar 16, 2009

Quote from smilingsynic:

Daily pivot point is 750.

Day's low so far is 750. After a 20 point fall in less than 2 hours, the pivot served as a brake on price action.

Of course, this is mere coincidence.

Yes, that's right. Just a mere coincidence.

It went untouched on Friday. The odds of two consecutive days where pivot is untouched AND open gap going unfilled were slim. In other words, gap fill and/or pivot tap somewhere inside the cash session was a high-odds probability. Took all day, but both were fulfilled.

Specterx · Mar 16, 2009

Quote from saliva:

Another salutation to my fellow bears. We've finally broke below that dreadful uptrending channel. This rally is dead at last.

Not on my 15min all-hours chart, if you connect the 3/9 and 3/12 lows... though a break of 750 around tomorrow's open would do it.