ES Journal Archive (2009 - 2010)

[blox87]

Schizo how long have you been trading the ES?

 

[schizo]

Quote from NoDoji:

I think you've "flipped out"
and should've "stopped long" ago

Some serious bumblings were made down at 67-ish today. First, when I rode this ES puppy down and exited at 68.25, my initial intention was to ride the short again at 72. I even placed a limit order at 71.75. But then the damn thing cracked below 68 (where the trendline was) and, an idiot that I am, I took the bait.

Well what happens next? It goes right back up to 72. Then it falls back down to the LOD, at which point my gut was telling me to bail out but my addle brain kept telling me to hang tough.

 

[schizo]

Quote from blox87:

Schizo how long have you been trading the ES?

I've been trading ES full time since early 2000.

 

[BA_Trader]

Quote from schizo:

Blox might say trend is your friend, but I say the trendline is your friend.

Won't you draw a trendline between the two lows and see for yourself.

Schiz - call me a dimwit. I can't figure out which two lows to draw a line through to get your 57 target... what timeframe? Could you peg the dates/times for the two bars?

 

[ammo]

tls's in theory you need 3 points,here's an spx support line around 1058 ,puts the es at appx 1054

 

[schizo]

Quote from schizo:

Stopped out
and flipped long 72.75

Oh, I feel like a helpless noob.

Flipped short 71.75

 

[BA_Trader]

Quote from ammo:

tls's in theory you need 3 points,here's an spx support line around 1058 ,puts the es at appx 1054

Ah OK. Thanks for the visual aid.

 

[schizo]

Quote from schizo:

Oh, I feel like a helpless noob.

Flipped short 71.75

Out 68.50

And you thought you were a night owl!

 

[startraitor]

Looks like we hit bedrock on this dig down. Long at 70, stop 65

 

[futureT88]

Miyagi buy

L NQ
1843

SL
1836

Today is payday