ES Journal Archive (2009 - 2010)

[swing-scalper]

Quote from swing-scalper:

Short 821. 5 ticks stop

Shit. Trailing stopped at 820.75

 

[Pekelo]

Quote from pocketmoney:

where are you long from?

ADU long entry is when the Williams %R hits -100

(10:30)

 

[saliva]

Whether your're long or short, it's still a mess.

If we break above the HOD, we just might gun for what was supposed to have been yesterday's high at 835. Consider it as a "delayed 1 day up", to borrow Pek's famous quote.

 

[ammo]

sh 20.75/21

 

[tommymoose]

Quote from tommymoose:


Shorts are eating shit right about now (I'm talking postion trading of course). I can feel the shift... the bull market rally will continue. Here is my updated chart with targets.

Target #1 - ~740 ES just to take a some off since I'm almost 100% long

Target #2 - ~810 ES

....

http://elitetrader.com/vb/attachment.php?s=&postid=2345367

Taking off almost all the rest of my long position here at ~820 ES

The short side is looking good. I'm going to look to get short when ES touches 830-835 with a small stop. I wanted to hold out for 860, but the wedge chart pattern here has some good potential. I'll take a little off at ~800 ES... main target of ~765... ~750 final target.

 

[ammo]

Quote from ammo:

sh 20.75/21

reversre 17.75, out 18

 

[saliva]

Quote from tommymoose:

The short side is looking good. I'm going to look to get short when ES touches 830-835 with a small stop. I'll take a little off at ~800 ES... main target of ~765... ~750 final target.

The downside does outweigh the upside, but where the hell is the selling momentum??

 

[tommymoose]

Quote from saliva:

The downside does outweigh the upside, but where the hell is the selling momentum??

Since the pattern I'm attempting to play here is a wedge (assuming it continues), by the time real selling momentum shows up its usually too late for a halfway decent entry. When wedges break to the downside its a pretty hard and fast selloff. Thats why I like them... no need to endure huge retraces against your position

 

[Pekelo]

Quote from Pekelo:

ADU long entry is when the Williams %R hits -100

...and the shortable midday top is between 12 - 12:30

(12:25)

But you already knew that right?

Edit: Looks like the midday bottom came 2 mins early, but that why you have the W %R...

 

[ammo]

sh 17.25,add20, add 21.25,add 22.75