ES Journal Archive (2009 - 2010)

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Quote from lexcorp:

still looking to buy there?

Just quick check up - yep. Been hit long again. No worries here. See what they do with it. Will quite happily add again if i need to, but will have to wait until next week now. Happy weekend.
 
Quote from volente_00:

Not much room in there til resistance.


If they are going to run it, probably will shoot for cash 34, then a pullback to the previous close to pan the IHS out.


28 is the 50% from the last move, failure here leads to 23-24



28 to 17-18 is next
 
Was able to catch 1.75 points of the long rally. Could have gotten the full 2 points, but very happy with the trade. My system told me to go long, went in long ASAP. I then took a shower and when I got back was out of the trade at a profit.

I like it when the market moves fast and you don't need to wait an hour after a signal to get a payoff. In my mind I also thought "buy the dips".
 
Looking for a rally into the close, uptrend is confirmed and I anticpate the market moving back to the Open.

Scaled the position, currently @ -2 pts on the trade.

Good trading

Edit: avg @ 1029.25, stop @ 1025.25
Edit2: stop moved back down to 1022, momentum isn't comming in like I anticipated.
 
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