ES Journal Archive (2009 - 2010)

[ammo]

add 1011 sh

 

[Eko_Trader]

Something ain't right!! me no like what me sees on the long side.

 

[Lawrence Chan]

Quote from Decel:

What worries me is that NQ doesn't seem to want to break upwards

Nothing to worry about.

Trade the formation!

If the breakout fail, there is ample time to short it.

Key is money management

 

[just21]

Quote from Lawrence Chan:

R1 tagged.

IHS breakout upside confirmed.

Now 08 - 09 if act as support, target 1018 - 1020

The hourly, back to 8/10, also has an IHS targeting 1046.

 

[Lawrence Chan]

08 - hold or not hold?

getting more interesting now.

 

[JSSPMK]

Quote from Lawrence Chan:

08 - hold or not hold?

getting more interesting now.

below 1007 -> LODish

over 1010 -> HODish

 

[JSSPMK]

Quote from MandelbrotSet:

I agree with you 100%

One day a severe drop, the next day reaching for the skies ... all of the trending quality has gone out of this market, and it's beginning to look more like a rounding top in preperation for an eventual plunge more so than anything else.

Parabolic price action may also signal continuation. Treating it as 50/50 is always best ImPO.

 

[Insearch]

In this run up to 1012, we haven't yet quite touched VWAP, we came close but haven't quite touched it . . . What are the chances we tag VWAP at 1006?

 

[ammo]

add 08.5

 

[satchel]

S 1008