ES Journal Archive (2009 - 2010)

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Quote from petty1978:

This is a possible trade set-up that has yet to confirm [per price action].

If the ES does not close on or below 1119.25 [looking at a 30M bar] and price rallies to 1146.25, (incredibly likely) Sell Short at 1146.25 and cover at 1119.25. Set your stop at 1155.25.

This move will happen within a 24 hour trading window with continued weakness very possible to 1110.25 and 1101.25.

This is a very reliable trade set-up [proprietary] that I use [on average] 3 times a week. Not all trade set-ups confirm to initiate a trade; when they do, rarely do they stop out.

I will start to post the set-ups so you can see the accuracy.

Have a profitable week trading.
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The most recent ES 30M Bar just closed below 1119.25, this trade is no longer valid.
 
30M Bar trade setting up...

This is a possible trade set-up that has yet to confirm [per price action].

If the ES does not close on or below 1113.75 [looking at a 30M bar] and price rallies to 1125.5, Sell Short at 1125.5 and cover at 1113.75. Set your stop at 1133.5.
 
looks like a gap fill on the 60 minute chart, what is going to keep us from retesting the 1060 low, risk averse HFT traders? just thinking out loud. If we trade under 1100 all hell is going to break loose as every asset manager in the known universe is gonna be looking to cover his/her ass. :(
 
Quote from Eko_Trader:

Austin, still holding down to 1107?
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day-traded short 8 times for +5.5pt cumulative net. Went -1.5pt / 0pt / +3pt / -1pt / -2pt / -1pt / -1.5pt / +8pt to 1125s before they crushed way lower from there. Day-trade dogfight... probably made it a tad harder than it was. Would have appreciated an early collapse while I was short five times.

day-traded TF short for +5pts, long off extreme TICK divergence bounce for +3pts

swing short 1135.00 and out 1115.00 off the lows... close enough for me

CL -10 cent, 0 cent, +10 cent, +25 cent, +25 cent, +50 cent by 11am

28+ point range in TF / 38pt range ES / usual CL ranges = blessed volatility. This morning was like trading any three days of prior low-vix sideways churn. Back to market normalcy, back to reality :)
 
Quote from austinp:

day-traded short 8 times for +5.5pt cumulative net. Went -1.5pt / 0pt / +3pt / -1pt / -2pt / -1pt / -1.5pt / +8pt to 1125s before they crushed way lower from there. Day-trade dogfight... probably made it a tad harder than it was. Would have appreciated an early collapse while I was short five times.

day-traded TF short for +5pts, long off extreme TICK divergence bounce for +3pts

swing short 1135.00 and out 1115.00 off the lows... close enough for me

CL -10 cent, 0 cent, +10 cent, +25 cent, +25 cent, +50 cent by 11am

28+ point range in TF / 38pt range ES / usual CL ranges = blessed volatility. This morning was like trading any three days of prior low-vix sideways churn. Back to market normalcy, back to reality :)
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Great stuff. I just made TOS a lot of money today.
 
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