ES Journal Archive (2009 - 2010)

Lawrence Chan · Mar 31, 2010

Quote from Decel:

LC what's your view of the near future?

Breakout mode on daily.

7 days within the same range now.

As long as the mkt still trading within this range, however, it is congestion trading.

Decel · Mar 31, 2010

Quote from Lawrence Chan:Breakout mode on daily.
7 days within the same range now.
As long as the mkt still trading within this range, however, it is congestion trading.

Thanks for the insight! I can't wait to see how the market would justify another ramp up. I'm rather bearish, but down is a banned word lately.

Lawrence Chan · Mar 31, 2010

Quote from Decel:

Thanks for the insight! I can't wait to see how the market would justify another ramp up. I'm rather bearish, but down is a banned word lately.

Pulling back FIRST to 20 day SMA is still likely.

inks2002 · Mar 31, 2010

anyone looking at 1162 sometime tomorrow morning as a place to rocket up?

Lawrence Chan · Mar 31, 2010

Quote from inks2002:

anyone looking at 1162 sometime tomorrow morning as a place to rocket up?

If NQ fill its gap today, we have to see if ES wanted 1150 first before next run up.

NoDoji · Mar 31, 2010

sh @ 1166.00 stop @ 1166.75, breakdown or I'm outta here!

EDIT: Stop to b/e

NoDoji · Mar 31, 2010

sh @ 1166.00 stop @ 1166.75, breakdown or I'm outta here!

EDIT: Stop to b/e

Trailing 1 pt stop, so I don't give it all back

Eko_Trader · Mar 31, 2010

VOL.....I told u them shorts will not let go w/o a fight

NoDoji · Mar 31, 2010

Quote from NoDoji:

sh @ 1166.00 stop @ 1166.75, breakdown or I'm outta here!

EDIT: Stop to b/e

Trailing 1 pt stop, so I don't give it all back

Out @ 1164.75. I need to start trading 2 lots.

Rashid_G. · Mar 31, 2010

Quote from NoDoji:

Out @ 1164.75. I need to start trading 2 lots.

Yup... Don't forget NQ you can do 2 with less risk than 2 ES.. unless you must play with the big dogs. At least until micro ES shows up.