ES Journal Archive (2009 - 2010)

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Sitting on my hands here too. I wouldn't want the ES to head down while there's an up-gap presently (even if minuscule).

Can't we go tag 1008 or something before breaking down?
 
Quote from Decel:

Sitting on my hands here too. I wouldn't want the ES to head down while there's an up-gap presently (even if minuscule).

Can't we go tag 1008 or something before breaking down?
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VWAP buying is trying to make that happen.
 
Quote from MandelbrotSet:

The ES is still in an uptrend (though obviously very weak) and the NQ look like it is beginning to break down.

One of the many things I've learned from this delightful process is to avoid the chop, so I'll be sitting on my hands for now.

Remember: No position is a position.
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Like your last post :D

I post here as a reflection on what I am thinking at the time so that I can think clearly.

And I am happy that I get to exchange useful ideas with other traders I met here (thru other means) too.
 
Quote from Lawrence Chan:

NQ refuses to join the party ...
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If this market will rollover, look at NQ and Crude to start/indicate the correction. For today, I'm with Mandel...seating pretty on my hands.
 
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