ES Journal Archive (2009 - 2010)

[cipherscribe]

Looks like we are headed south again?

 

[rock34748]

Next 15 min important.?.? We'll see.

 

[ASusilovic]

Quote from Lawrence Chan:

Fresh trend break in the morning.

Bottom picking may not be a wise thing to do unless you have a very strict money management plan.

GS and JPM have a very stringent short covering plan...

 

[tstones]

L63, 2 pt stop.

 

[Lawrence Chan]

Quote from ASusilovic:

GS and JPM have a very stringent short covering plan...

The NQ higher low is a dead giveaway. =)

 

[kinggyppo]

just a comment mostly for new traders, its hard to beat a good entry. A bad entry which buy1 had in hindsight was expensive. If you are going to get long at say 1063 es you may want to wait and try to get a fill at 1062.50 or 1062. Sometimes you are going to miss trades and sit on your hands and thats ok cause you are not losing anything. The only thing you can do with a bad entry is manage the trade or hedge. For example, You can look at a 10 minute candle chart and wait for a wick to form then go long.then your stop becomes the bottom of the candle.

 

[wave]

10-22-09 10:11 AM

Long Play buy 1060 area.

 

[wave]

And what day is tomorrow? Turnaround Tuesday.

 

[kinggyppo]

BIDU reports after the bell. I have made it a point to pay attention to earnings in this market. Good trading all.

 

[tomahawk]

Quote from kinggyppo:

BIDU reports after the bell. I have made it a point to pay attention to earnings in this market. Good trading all.

I believe it's tomorrow a.m.

http://biz.yahoo.com/research/earncal/20091027.html