ES Journal Archive (2009 - 2010)

[MandelbrotSet]

Quote from ivanbaj:

Liquidity accepted. Short at 974. Who's long? Who took my offer?

That's an interesting trade.

The daily trend remains up, but price momentum can be said to currently be down (I traded off of S1 support, not momentum on my last trade).

But the bankers are strong, and the market is about to cross its Open ... still Long from 969.75, btw.

 

[blackjack666]

Quote from blackjack666:

limit order in to buy again at 969.

Closing that one here at 975 for 6 points profit. Still in the other one

 

[ivanbaj]

Additional liquidity offered at 977.50 if you want it.

 

[Lawrence Chan]

Quote from MandelbrotSet:

That's an interesting trade.

The daily trend remains up, but price momentum can be said to currently be down (I traded off of S1 support, not momentum on my last trade).

But the bankers are strong, and the market is about to cross its Open ... still Long from 969.75, btw.

W. thrust usually leads to a retest of the resistance it took out.

This morning was the previous cash close + high.

Now previous close acted as resistance, previous day low in play.

Edit: today's low is the 1st target

 

[ivanbaj]

Sorry liquidity taken out at 972 I am a coward I know.

 

[rock34748]

L 72.0 ; sl 68.5
Targ EOD?

 

[jason586]

Quote from blackjack666:

jason586 and ammo still around? Hope they weren't mauled by the bull too badly

Market touched my 969 as per my previous post to add to longs.
Might have to wait till T-day to get properly paid though

Yes, mauled; but still here on self detention for breaking maximum SL rule. Still holding 1 short.

Just bought some TZA for $16.9499 in Roth IRA this morning.

 

[Eko_Trader]

Quote from workwithus:

symmetrical triangle on 5 minute es

Looks more like an ascending triangle.

 

[ASusilovic]

Quote from Lawrence Chan:

W. thrust usually leads to a retest of the resistance it took out.

This morning was the previous cash close + high.

Now previous close acted as resistance, previous day low in play.

Edit: today's low is the 1st target

High-speed trading in the U.S. stock market may face its biggest threat after Senator Charles Schumer proposed prohibiting so-called flash orders.

Schumer, the third-ranking Senate Democrat, urged the Securities and Exchange Commission to ban the practice in which some equity exchanges hold orders to buy and sell shares for a split second before publishing them on competing platforms. Nasdaq OMX Group Inc., Bats Global Markets and Direct Edge Holdings LLC, which handle more than two-thirds of the shares traded in the U.S., offer flash orders to their customers.

 

[Lawrence Chan]

Taking too much time to drop to day low.

Another repeat of buy 10 pt pull back no brainer?