ES Journal Archive (2009 - 2010)

[EON Kid]

Quote from Picaso:

Sorry, I didn't get it Are you trading oil today Kid?

yup, so Im watching if the IHnS in the ES/NQ over the last two months gives any support

 

[startraitor]

Looking for nq to crater if it takes out lows.

 

[Pekelo]

Quote from startraitor:

short 53.50, stop 57.50

I thought you gonna wait until we break through 51...

 

[kinggyppo]

Quote from Eko_Trader:

IBM earnings: Sucked
GS earnings: Sucked
Economic data: Sucked
Lower High in the market

Almost everything points to a corresponding lower low. Just MHO

what you said makes perfect logical sense, which is probably why it didn't happen. Goldman hit a low of 140 on the nose 3 x this morning premarket, but markets are random right?

 

[ASusilovic]

Quote from ASusilovic:

Long 1052.75. Target 1082.75.

Partly exit 1059.50, reinvesting profit into 1040.00 puts.

 

[Eko_Trader]

Quote from kinggyppo:

what you said makes perfect logical sense, which is probably why it didn't happen. Goldman hit a low of 140 on the nose 3 x this morning premarket, but markets are random right?

When I said lower low, I was talking about a new yearly low. Besides taking intraday trades, I also take swing trades as well. I base those swing trades on the overall market trend. I don't have a chart that tells me we have anything besides a downtrend, and neither do I have any data pointing otherwise....So I'll wait till the trend changes on the chart that I posted earlier b4 taking swing longs.

On an intraday basis, I am scared of DEMTDAYBOYZ, but I'll let the chart tell me what to do.

 

[JSSPMK]

Quote from ASusilovic:

Partly exit 1059.50, reinvesting profit into 1040.00 puts.

Not bad, reaction at 1051 was expected, but why scale out so early like ~80% from target? You bet the farm or what?

 

[Picaso]

Quote from Eko_Trader:

When I said lower low, I was talking about a new yearly low. Besides taking intraday trades, I also take swing trades as well. I base those swing trades on the overall market trend. I don't have a chart that tells me we have anything besides a downtrend, and neither do I have any data pointing otherwise....So I'll wait till the trend changes on the chart that I posted earlier b4 taking swing longs.

On an intraday basis, I am scared of DEMTDAYBOYZ, but I'll let the chart tell me what to do.

Wasn't questioning your analysis, which seems fine to me, I just thought I'd share my paranoid ramblings about THEM

 

[Eko_Trader]

Quote from Picaso:

Wasn't questioning your analysis, which seems fine to me, I just thought I'd share my paranoid ramblings about THEM

Oh I understood you, and I don't mind be questioned either. Half the crap I learnt came from people questioning my reasoning, so please throw in more 0.02 cents if you will.

 

[ASusilovic]

Quote from JSSPMK:

Not bad, reaction at 1051 was expected, but why scale out so early like ~80% from target? You bet the farm or what?

True . I have been loaded with 30 % margin / equity. Now down to usual level 15 % m/e. But price action is similar to 5th of February 2010 this year...1063.25 very important.

On a side note : HFT algos accumulating GS shares big time.