ES Journal Archive (2009 - 2010)

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Quote from LEAPup:

Gonna see if the test of 1090 (S2) holds before entry. Headed there now, but price is losing steam.

The power capping the day's play so far is the RTH Open, not S2 or any other derivative of price.

Whether price can break and hold above rth open remains to be seen
 
Quote from Pekelo:

Am I the only one who still expects a 20 points rally from here?

Just "lay in the bushes/weeds" for now. Let's see if "the antelope" comes so close we just can't help but take it out.

Let's see what 1090 looks like it, and we're close. Hang on...

Ok, I just went short at 1089. S2 failed.
 
Quote from petty1978:

Ok, trade is filled, we should see a timely drop to 1083 level then from there price may start to dance around...once price closes below 1076 on the 30m bar, stops are moved to break even.

Ok, we are at 1083 area, lets see what price decides to do, it could really sell off here and this could be a fast 18 point profit.
if it holds we could be in for a longer trade, possible a loss.
 
Most trading algorhytms do not use time based chart.
And in world where time is not money we will start have big trouble with top of downtrend channel (in mid 90-ties)

Quote from Pekelo:

Am I the only one who still expects a 20 points rally from here?
 
Still short. Eating some "antelope," but may want to "leave it lay" before the bigger tigers show up, taking a smaller meal with me.

Ok, out 1085.
 
Quote from jjf:

The power capping the day's play so far is the RTH Open, not S2 or any other derivative of price.

Whether price can break and hold above rth open remains to be seen

This is the most bullish push of the day so far ...let us see what happens next
 
Quote from emg:

profit target 1093.25 still holding

Yeah it looks like it wants to take care of that 1094 level. Which is good for me because I am short :D

If we close lower again tomorrow, we are gonna be trapped at 1110 as serious resistance. Be nice to see any type of price increase, after of course my trade back to 1070...I don't like getting stopped out :eek:
 
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