ES Journal Archive (2009 - 2010)

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Quote from Picaso:

By Pekelo's 2nd gap rule we should hit 50, right?

NDX just went green and the Dow almost. If you guys recall, at the last gap the same happened, NDX did close the gap, SPX needed 2 more pts...
 
Quote from Pekelo:

NDX just went green and the Dow almost. If you guys recall, at the last gap the same happened, NDX did close the gap, SPX needed 2 more pts...

Buying a touch of 1050.
 
For options, I can give it a few days so I am not concerned about predicting trend end, and will instead react to what the market does. While not predicting a bull market, I think we are over extended, and all ES trades and SPY trades have been on the long side.

I took 1 GBP scalping short and made 5 ticks. I took no CL trades, it has been a beast. I watched it suddenly waterfall down for like 50 ticks for no reason, and then shoot all the way back up. Not sure how you would even go about trading that or if your stops would have worked if you were on the wrong side.

Quote from kinggyppo:

how will you know when the trend has ended, rhetorical question.
watch for pivot touch here.
 
Quote from oraclewizard77:

For options, I can give it a few days so I am not concerned about predicting trend end, and will instead react to what the market does. While not predicting a bull market, I think we are over extended, and all ES trades and SPY trades have been on the long side.

I took 1 GBP scalping short and made 5 ticks. I took no CL trades, it has been a beast. I watched it suddenly waterfall down for like 50 ticks for no reason, and then shoot all the way back up. Not sure how you would even go about trading that or if your stops would have worked if you were on the wrong side.

oil not my cup of tea, I don't want Mark Fisher on the other side of
any of my trades. :)
 
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