ES Journal Archive (2009 - 2010)

[Eko_Trader]

GS down 1.5% on a flat tape is something to look at. We won't be going significantly higher unless the financials join in on the bull party.

 

[ammo]

92.75 sh ad...94 avg 89

 

[TraderZero]

Quote from TraderZero:

Cover 1/4 at 1087.5 Stop moved to 1093

Stopped out on the balance at 1093.

 

[tortoise]

Quote from Eko_Trader:

GS down 1.5% on a flat tape is something to look at. We won't be going significantly higher unless the financials join in on the bull party.

tech is strong ... but weakness under the hood of the transports ...

 

[Pekelo]

Quote from ASusilovic:

What about the 1st gap rule after the 2nd is filled ?

There is no average gap rule I am aware of. Gaps can stay unfilled for a very extended time, even for months....

For those who are new to this journal, I have a thread called Pekelo's 2nd gap rule, that explains the strategy in details....

 

[Eko_Trader]

Quote from tortoise:

tech is strong ... but weakness under the hood of the transports ...

Tech is the major thing holding the market. I'm not bullish here much nor bearish. I just think 6-7% in as many days is a bit excessive, let's see if the market agrees.

BTW, INTC has been fading since the open.

 

[EON Kid]

ES wedge to Yest hod

 

[neveral0ne]

are you guys trading on 5 or 1 min charts for entries ?

 

[tortoise]

Quote from Eko_Trader:

Tech is the major thing holding the market. I'm not bullish here much nor bearish. I just think 6-7% in as many days is a bit excessive, let's see if the market agrees.

BTW, INTC has been fading since the open.

Greener and greener ... i suspect we close at the highs

 

[BA_Trader]

Price action right now is very similar to the afternoon on 7/7... Bots are running the "God's work" program.