ES Journal Archive (2009 - 2010)

[carson]

Short 947 - 7 point stop

 

[paul_alan]

t day is here

 

[volente_00]

TDAYBOYZ on fire but

Quote from volente_00:

on the first up day, the smart money is buying


on the second up day the semi smart money is buying more


on the third day of the move, the dumb money is puking their short positions and buying late to the party as the smart money starts lightening up into this covering.


On the fourth day, the dumb money will be forced to puke their longs on the orchestrated down move from the smart money.

Donde esta ?



r10 short signal in the making

 

[volente_00]

Quote from Now is Now:

I know you are a trader with disciplines so you may be kind enough to let us know what your stop is/will be....

3 point stop till I catch the move.
I'd rather bet 3 multiple times then use a large stop and take heat.


48
51
54


are your choices for today's high

 

[lurefo]

950 ES / 1500 NQ just about to be touched on the data release.

Let's see how the market reacts after that. A parabolic move with a strong profit taking could initiate a longer term reversal.

Speculating here...

 

[Roman Candle]

It's all rigged to the upside.

 

[volente_00]

Quote from Roman Candle:

It's all rigged to the upside.

Until it's not rigged anymore.

 

[Renah]

I'll short in case it touches 957 with a 3 point stop.

TGT 20 points.

Good luck to all (bears)!

 

[Spooz Top]

Quote from saliva:

Now c'mon, ya ol' codger. You've been around here long enough and I assume you've been trading long enough to know what I'm driving at. This market ain't working as it used to. I've been through many ups and downs, including the previous 2 recessions and the Asian flu that almost hobbled Russia and others, and they were nothing like this. Not only there are no bears but you don't even see a day of profit-taking. After months of huge rally, no profit-taking? That's bull shit!

smaller time frames are not favorable trading conditions now....& have`nt been for the last 2 yrs,imo.........eg...fib retrace not being met,"stealing" the move on the overnight with gap n grind move leaving little opportunity for the day trader,etc..........being able to adapt to loger term holding period is key now....these markets are one way streets & one has to be on board to capture the multiple day move by trailing the stop.that`s my view on it ,fwiw.

 

[Roman Candle]

Thats why no one is selling the big players know it's rigged. They know all the data is going to be rosey. There will be jaw boning from corp,fed,goverments. It's all rigged, just watch.

It won't keep going straight up, but it sure ain't going down to far before buyers run in.