ES Journal Archive (2009 - 2010)

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Quote from codliver:

NQ.........see the daily head and shoulders pattern? Too clear too easy to trade...

Head from mid Dec to jan 21 with right shoulder unbuilt around 1813/1815 area??
 
Currently established a short position of buying SPY 109 Feb puts for $ .75, looking to sell $ 1.50 - $ 3.00 as target on scale out. The cost of the puts is the hard stop. I like purchasing puts or calls right before expiration since they are cheap. This worked last month, we will see if it works this months. I don't plan to wait till Friday to close the trade. If we don't get much movement in the next couple of days, may close the trade.
 
Quote from Rashid_G.:

Head from mid Dec to jan 21 with right shoulder unbuilt around 1813/1815 area??

Connect those dates then multiply by the number of blood vessels in a chicken's rectum squared, then divide by pi. I think you will be onto something big then
 
Guys and gals, there was a reason why ES spent so much time going back and forth around 1062. Any shorts should be held to 1065.
 
Quote from ropey b:

Connect those dates then multiply by the number of blood vessels in a chicken's rectum squared, then divide by pi. I think you will be onto something big then

Hen or Rooster..?
 
Quote from codliver:

NQ.........see the daily head and shoulders pattern? Too clear too easy to trade...


ES as well, shoulder could come in from 1095 to 1105 or 1100 could hold as resistance and make it.



94-95 represents the 50% retracement from 1148 to 1041



Also in ah, there looks to be a small h&s setting up with head at 95, and shoulders at 94.5
 
hey vol, now that we are in exp week and not the week before, what do you see , feb110 puts and calls under a buck, i see no fear
 
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