ES Journal Archive (2009 - 2010)

[Pekelo]

Quote from andy4:

so "if" SDD it should go new low before 2pm then go lower ?
Thanks.

If we go lower than previous LOD around 2 pm then we should keep going until 3:30ish...

 

[jason586]

Quote from jason586:

Reshort 992.50

Out half @ 993.50

 

[oraclewizard77]

You need to have patience my friend. I was long at 991.25 and made profit. If you are willing to have a 2 point stop, you can't have a .25 profit target, long term you will lose money even with a 75% win ratio.

Quote from Decel:

Exited 991.25, that last pop fizzled

 

[ASusilovic]

Huge players on the wrong fence of the game trying to go "all in" to protect 990.00.

 

[Decel]

Quote from oraclewizard77:

You need to have patience my friend. I was long at 991.25 and made profit. If you are willing to have a 2 point stop, you can't have a .25 profit target, long term you will lose money even with a 75% win ratio.

Yeah, just didn't feel it.

I'm probably rather emo on my morning losses, so I try to curb on the action to avoid adding to it.

Edit: Crap, I KNEW they'd rally this back up I should have held my NQs

 

[ASusilovic]

Bears = incompetent losers.

 

[tstones]

that 10:29 pop was no joke.

Quote from ASusilovic:

Huge players on the wrong fence of the game trying to go "all in" to protect 990.00.

 

[Decel]

Quote from ASusilovic:

Bears = incompetent losers.

Tell me about it

 

[jason586]

Quote from jason586:

Reshort 992.50

Out half @ 993.50

Add back @ 995.50

 

[MandelbrotSet]

Quote from MandelbrotSet:

This is the first day that we're getting a serious downtrend in s&p500 and its derivatives (according to my calcs).

Don't like to trade during the afternoon chop, but I'll put on a:

Short @ 991.00
Stop @ 995.00

Good Trading

This trade was stopped out @ 995.00