ES Journal Archive (2009 - 2010)

[startraitor]

Never been there in college? It's called mushroom tea, spent about 16 hours in wonderland on it 20 years ago.

Quote from Decel:

That gap at 832-833 is what scares me. Suddenly that range became too close for comfort. :eek:

I don't know what tea they're drinking over in the UK, but it's strong enough to kill a bear!

 

[ammo]

Quote from stefan_777:

Market is forming the 2nd tit of the tits-up bearish formation, the last few days lows were just cleavage.

since u mentioned it,on thur 3/26 we had a double nip of 23 and 17 with cleavage at 20-21,seems to be our current hi resistance/lo support indecision area, next nip abov that is 829 on 2/13

 

[saliva]

Well, damn, I wake up after indulging myself for 4 hours in a dreamland and what do I see? Absolutely nothing. The market stayed flat all that time. What a waste.

 

[saliva]

Quote from Decel:

I know how to do brackets, but how do you do an OCO?

http://www.interactivebrokers.com/en/trading/orders/oca.php?ib_entity=llc

http://www.interactivebrokers.com/e...guidebook/ordertypes/one-cancels-all__oca.htm

 

[MandelbrotSet]

Quote from saliva:

Well, damn, I wake up after indulging myself for 4 hours in a dreamland and what do I see? Absolutely nothing. The market stayed flat all that time. What a waste.

Not true, it has continued to make higher highs.

Quote from saliva:

Alright short 822.50

Stop 824

You're trading with bias.

What's the point when the market keeps hitting your stops?

 

[pocketmoney]

short 827 - 2 point stop

 

[Kull]

Quote from pocketmoney:

short 827 - 2 point stop

I don't know about that

 

[Zodiac4u]

Quote from MandelbrotSet:

Not true, it has continued to make higher highs.


You're trading with bias.

What's the point when the market keeps hitting your stops?

Another interresting moment on et! Market continues to make New highs and there are no buyers posting?????
Early into Globex we had a spike up in Volume and price at 8:45pm and there were no takers when we continued to drift higher.

Biase is a Bitch! It spends your money and keeps you distracted!

 

[riskymove]

Quote from sirgiyan:

Todays move up was not supported by bonds and EURO/YEN. I'm still thinking we are going down towards the end of this week.
I bought some ERY near the close since I believe shorting financials is more risky than energy.
Good luck to everyone!

Not sure when you posted this but euro/yen action heating up - very bullish for the markets. But we still have ECB out in about an hour and we are at the resistance level. I think we break it though 850 to 870 soon - maybe not today depends on FASB. Yesterday's ADP employment data being a good bit worse than expected allowed everyone to get a handle on NFP really sucking tomorrow - so biggest risk to me is on the upside since you have to figure the big guys at this point really looking past some pretty negative news.

Now we just need sub 40 vix on the open!

 

[lurefo]

Quote from Zodiac4u:

Another interresting moment on et! Market continues to make New highs and there are no buyers posting?????
Early into Globex we had a spike up in Volume and price at 8:45pm and there were no takers when we continued to drift higher.

Biase is a Bitch! It spends your money and keeps you distracted!

A drift is not enough to get into the market with favorable probabilities. You need a setup that gives you an edge.