ES Journal Archive (2009 - 2010)

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Market conditions have changed. The down swing from April is over. We may get another touch on the lows - but that's because we are in a sideways trend until Autumn.

Just play the swings up and down while the volume is there.

Daily volume crested and will begin a slow decline into the summer.
 
Negative for day so far. Was impatient on 1st long did not wait for good setup, and added a little lower, then got stopped out. Of course, market was a bitch and then went up without me.


Bought 1096 which was higher than my 1st entry, but did it because thought market was breaking out. Then got short signal, so closed that trade out at profit, and scalped another point by being short.

However, 1st trade screwed me up. Plan to take one more trade with more contracts if I get a real setup.
 
Quote from BA_Trader:

Market conditions have changed. The down swing from April is over. We may get another touch on the lows - but that's because we are in a sideways trend until Autumn.

Just play the swings up and down while the volume is there.

Daily volume crested and will begin a slow decline into the summer.

According to my sources, today should be an up day. But, damn, this is getting downright silly--up one day, down the next, up, down, up, down. Even as a daytrader, I'm about to suffer from motion sickness.
 
Quote from schizo:

According to my sources, today should be an up day. But, damn, this is getting downright silly--up one day, down the next, up, down, up, down. Even as a daytrader, I'm about to suffer from motion sickness.

Same here. Well ...the Goldman grind is back... which is going to be a bit of a shock to everyone's system.

Volatility has a memory and will probably pick up on the first swing short... but not until this long finishes... I'm thinking up into rollover and down into expiration.
 
Its funny, I saw it missed your stop loss by .25, as 94.25 was the low, so thought you were riding the wave higher. Today, it really seems they are playing games to get us out right before the big move.

Quote from schizo:

Out 95
 
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