ES Journal Archive (2009 - 2010)

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Another Bopi long entry at 1085, exit was at 1087.5

Oh by the way, I would like to be on ET's 100 Most Fascinating People, can you guys vote for me?
 
With a double top resistance met @ 1105, and now another immediate resistance around 88-ish. I have to agree with wave's 63 downside target. obviously that's if we don't blow through the 88.50 ceiling. I will take a short trade if the lowest trendline in the chart below is broken on the hourly chart.

A long position can also be taken here with a stop under the bottom trendline. I won't be taking that long position, because I don't like a long position in this market right now.

P.S: Keep in mind that the best trades are typically the most difficult trades

Good trading to all
 

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A Bopi short from 84.5 to 82.5... so far working like a charm....

Looks like we gonna have a Bopi long 82ish on the 5mins, we shall see if it works out...

Edit: I guess this explains why I said it seems to work mostly on the 1 min chart, went through 82 like butter.
 
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