ES Journal Archive (2009 - 2010)

[trackstar]

Thanks guys. Lots of good trades have been popping up here. Good to see people picking up where Star left off. He was beasting it for a while.

 

[wave]

Now if we do breakout hard above the box we will trade to 860-870, and then will take another short and hold that to 836. 90%+ probability that any shorts taken at 860-870 will trade back down to 836.

 

[wave]

We don't move the markets, they do. You must think like them even if you don't have the $$$ capacity to trade like them. Your trading accuracy will improve tenfold.

 

[wave]

and if we selloff here @ 36 we hold to 762.

 

[wave]

Your job, if you are willing to pusue it is figure out the boxes, after that you are on your way.

 

[lurefo]

Quote from wave:

lureof, 36 has to do with rtm and habits of the deep-pocketed rtm traders out there.

I guess deep pockets and/or a very good strategy is a must have when trading RTM. Especially when you face a trend day like yesterday.

 

[wave]

1st short 838.50, stop 839.00

 

[swing-scalper]

Short 838.75. 4 ticks stop.

 

[ammo]

Quote from ammo:

sh 31.25 , 30 min tl,add 32, 32.5, add 35

add 37/38 avg 34.25, add 39, avg 35

 

[swing-scalper]

Quote from swing-scalper:

Short 838.75. 4 ticks stop.

Scratch for 4 ticks. Waiting for shorting at higher prices.