ES Journal Archive (2009 - 2010)

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Well, we hit the 1085 on the ES this morning and that makes me feel all warm and fuzzy...the QM (oil futures) is poised for at least a $10 pop and the ES has plenty of spots to the upside.

However, I am not in control of this beast nor are my trading models running the show...so I am cautiously optimistic about the next 5 trading days.
 
Quote from austinp:

50% of gap near 1098+ is first upside magnet

The ES failed to revert to 1098.25 [5-4-10 Globex Open] after its fast decent that day...few days later we all know what happened.

That was an important price level to me and very few times do those time/price levels fail when signaled...

Its interesting that its a "magnet" to you as well but for all together a different reason...when these signals fail to hit, they naturally form gaps in price but not every gap is formed by this signal.
 
Quote from volente_00:

been buying 87-88 all morning

Is there a stop loss on it? We just dipped below 1082, only 12 points away from the dragon's 1070 target....

Edit: Make it below 1075....,
 
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