ES Journal Archive (2009 - 2010)

[volente_00]

Quote from tomahawk:

Is cash better to go by than ES?

I use cash due to premium erosion in es over time.


right now there is a 4.75 to 5 point difference.

As we move to expiration the gap becomes smaller and to me that skews S&R levels on ES chart

 

[tomahawk]

Quote from volente_00:

I use cash due to premium erosion in es over time.


right now there is a 4.75 to 5 point difference.

As we move to expiration the gap becomes smaller and to me that skews S&R levels on ES chart

gracias

 

[volente_00]

Quote from Boff:

i think ES is beginning to sense that ET is turning bullish and is thus hesitating whether it should keep going up

Is kind of scary that people are not posting many short trades anymore on here.

 

[David M]

Quote from jorgez:

Why not try trading through the s&r zones ... the current zone in play is 61.25/50 - 67.00/50

So you basically had a long parked at 61.25, where my long was originally parked at 60.50 which dident get hit, guess my S&R zones are a bit off.

Gz on the great fill I got filled 1.25 points later!

 

[volente_00]

if 64.5 will hold, then good chance we print 58-59 es

we got a r10 on es but would like to see a cash print



there is another IHS setting up in es though

 

[Eko_Trader]

Quote from volente_00:

Is kind of scary that people are not posting many short trades anymore on here.

That's the crazy thing about this thread. When there's no weakness, you get shorting. When weakness appears, there are no/few short postings...myself included btw.

 

[David M]

Quote from David M:

trying a long again 62.50 .... the short lived low did not convince me for more downside

edit: reduced at 63 ... tightening stop ...

down cycle dosent seems to be compelte

Bahhh lagging indicators,

reducing 64.25

moving stop to BE for now

 

[Boff]

Quote from volente_00:

Is kind of scary that people are not posting many short trades anymore on here.

vol, when i posted that i was only half joking

 

[Boff]

would love to get my long back but think it's good idea to wait for tmrw see if there's overnight shenanigans with the euro and all...

 

[tomahawk]

Quote from volente_00:

if 64.5 will hold, then good chance we print 58-59 es

we got a r10 on es but would like to see a cash print



there is another IHS setting up in es though

Might not break much either way. After 3 consecutive > 10pt range days (rare for lately) we may see an inside day, possibly even close near open.

Of course an end of day surge/purge is always possible too.