ES Journal Archive (2009 - 2010)

[startraitor]

I was just making a playbook for that scenerio. If we don't take it out hard I think we roll over from there back to 1068 to set up the next leg, down it is if it doesn't hold there.

Quote from HuggieBear:

i am wondering if we will finally break through 1090 today...i keep thinking we are headed back to 1120 area, but 1090 has been a stickler.

 

[NoDoji]

Quote from Builder17:

as someone whos been caught short many times on nasty long trend days, i can say that the 1 min is money to get long with the trend, and sometimes all you get as a retracement in terms of MA's, if you're trying to short.

Exactly what I was seeing. The trend end of day was so strong that waiting for a pullback on the 3- or 5-min chart kept you on the sidelines, whereas entering long on any pullback to the 20 on the 1-min chart got you into the the trend easily.

Of course the other way to enter a strong up trend is, as my ES friend kept saying yesterday, "we should just click 'buy'."

 

[HuggieBear]

Quote from startraitor:

I was just making a playbook for that scenerio. If we don't take it out hard I think we roll over from there back to 1068 to set up the next leg, down it is if it doesn't hold there.

Feels like we are going to break through today but its so hard to tell with the erratic euro movement

 

[ASusilovic]

Quote from ASusilovic:

LOL ! Yesterday gap down 30 points, today gap up 10 points. Now, you tell me that markets are not ruled by imbecile "professional" rookies.

Don't want to complain about volatility, though.

Headline of the day :

Stocks Climb, Commodities Rally on Economic Growth Prospects; Euro Weakens

EUR/JPY heading south. Hasta la Vista, rally...

 

[HuggieBear]

maybe this will be the day when the US markets divorce a bit from the Euro.

 

[austinp]

Quote from NoDoji:

Exactly what I was seeing. The trend end of day was so strong that waiting for a pullback on the 3- or 5-min chart kept you on the sidelines, whereas entering long on any pullback to the 20 on the 1-min chart got you into the the trend easily.

Of course the other way to enter a strong up trend is, as my ES friend kept saying yesterday, "we should just click 'buy'."

yesterday the ES traded from 1045 to 1039 early then held near 1055 until 2:45pm est. That was a strong sideways trend until they squeezed higher once shorts got rooted out of selling every pop.

but it was far from a grinding, stair-step trend move higher. I'm sure we all have experience playing the "just click buy" game many times in the past. not exactly a recipe for sustained success... this is a much tougher profession to master than merely that

 

[emg]

plan on going short 93.75

 

[atticus]

Quote from atticus:

I and others are short the ES June 1100 straddle (synthetic) from 88.00 premium. Long ES from 1078 and short the 1100Cs.

Expecting a strike touch (before Monday) and a trade-out at 70.00 premium. Will look to hold half until expiration.

Closed 53.50, +34.50.

 

[atticus]

Quote from atticus:

Ideal opportunity to sell gamma, either long or short vol. Nearly perfect on stat (gamma-sale) and atm vol and skew (to a lesser-extent).

Short 1080 straddles, long the 20/80/40 ES June fly from 16.00, put ladders... and bull risk-reversals will earn more than a long outright swing trade.

Fly is up 2 from yesterday's close, but now short a bit of deltas.

 

[volente_00]

Quote from Pekelo:

The word is inspiration.

It would be very inspirational. It would show that yes, it is possible to make that kind of achievements on certain days, when everything works out just fine...

It would certainly feed our ambition:

Or it would bring the same folks out claiming bs and photoshop so I ask again.


How would posting a blotter make you a better trader ?