ES Journal Archive (2009 - 2010)

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Quote from Ramp:

Big open gaps below for magnets....May at least test the upper boundary at ES 1080 and NQ 1840.
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NQ is pretty close to testing the upper boundary of the gap, closing it would break the up trend and probably drag ES with it. Either way a bounce should be expected.
 
Quote from NoDoji:

I don't think it will fall back to 1080-1085 in a day, but it's the logical target for a pullback in the trend.
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OK, maybe in a day after all...
 
Bottom of my channel is approximately 86.50. So if we will go up to app 85 trend will be broken. However it is time to go long but I will look to see some signs of recovery. There should be plenty of upside.
If we will just continue "copulating" with bottom today (the bounce will be not clearly visible) I expect breakdown tomorrow and establish new trend. What bother me at most is that SPY broke out of the channel a bit (false breakout) and this is often the highest point for some time.
 
Summarize the day, which for me ends now.. Missed NQ short 1884 by 1/4 pt.. Thenk fished long 1878 for -1.5 loss. Shorted 1877 nicely.. took 1867 cover +10, ANTICIPATING support.. Long 1846 ANTICPITAPING support -3.

Up for the day BUT man has to make his mind up and decide if he is a scalper or holds for the day.. Key in either role is to not look at how the other role could have been better on a given day as it will drive you bananas... OR scale in/out as a hybrid.

:mad: :mad:
 
Quote from Rashid_G.:

-3 Never predict... beark of ES 1100 and NQ 1865 were ominous as I said earlier when I was objective.
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That last dive that stopped me out "feels" like the bottom today. Anybody watching volume.. had to be a spike there.
 
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