ES Journal Archive (2009 - 2010)

[startraitor]

Stopped for journal purposes, just illustrating a long trade with a stop. You may actually need to start using stops again on long trades.

As far as my short 1094, stop 1015, I traded the short side on the overnight of the 26th November and made very little based on the ramp back up and trailing stops. Thanks for cheering for it though. Shake some magic beans and do a short dance next time!

I think the top is in for the year and still see 1000- being taken out in the next few days. Under 1085 tomorrow and things get very ugly and 1000- is in the can very soon.

Quote from startraitor:

long 98.75, 2 point stop.

 

[gkramer]

Quote from pokito:

on a 3min cons. line chart, ES has been below 50 MA siince 10 E. this morning, so bias is down.

if trend is down, 1096 ES is the magnet.

we will see if it works..

Here's a 3min line chart with three 50ma's; sma, ema, wma. I don't see what u saw. Can u enlighten me?

thx

 

[No.Heat]

I hope this post finds you all well.

Apologize for butting in the middle of the journal with a question.

Been trading for several years now and never been able to tell when programmed trading occurs, when bots go nuts, etc.

How do you tell and what does it mean ?

Thank you for taking the time.

No Heat

 

[NoDoji]

Quote from gkramer:

Here's a 3min line chart with three 50ma's; sma, ema, wma. I don't see what u saw. Can u enlighten me?

thx

I have a multi-month daily chart that I reference with a 20-period EMA. 1096.00 rests on the 20 EMA to the tick on my chart. When Pokito made his call I thought, "Definitely a solid target, but today???"

 

[pokito]

Quote from gkramer:

Here's a 3min line chart with three 50ma's; sma, ema, wma. I don't see what u saw. Can u enlighten me?

thx

I meant 200 SMA, went below it about 10am Eastern, made a couple of lame attempts to hit it, never could.

 

[gkramer]

Quote from pokito:

I meant 200 SMA, went below it about 10am Eastern, made a couple of lame attempts to hit it, never could.

Tell me u traded your own call.

 

[pokito]

Quote from gkramer:

Tell me u traded your own call.

i did, I trade NQ using both NQ AND ES charts, more for confirming stoichastics than anthing else.

 

[gkramer]

Quote from pokito:

i did, I trade NQ using both NQ AND ES charts, more for confirming stoichastics than anthing else.

Interesting. I trade ES using YM charts.

 

[gkramer]

Tomorrow we'll see either 05 or 85. Maybe both. Depends on the globex.

 

[startraitor]

1105 or 1005? Depends on employment situation.

Quote from gkramer:

Tomorrow we'll see either 05 or 85. Maybe both. Depends on the globex.