ES Journal Archive (2009 - 2010)

[ammo]

78.5 prev post, cover 76.5

 

[Thundershock]

uh it hit 1075

 

[Trvlwanderer]

Quote from Thundershock:

uh it hit 1075

Uh....You bought at the bid?

 

[Trvlwanderer]

L 77.50
tgt 80.50
stop 75.25

 

[kinggyppo]

recognizing that today is a trend day ( ie going in one direction all day
would save traders some money). I think most of us have a tendency to want to fade the current trend, why? cause it works sometimes. My point is don't ASSUME the mkt will turn cause you think it is overpriced/extended etc. , just thinking out loud here, good trading.

 

[oraclewizard77]

Looks like I will not get another trade for today. Signals are mixed, and indicators will take too long to reverse.

 

[schizo]

Linda Raschke giving a webinar on TOS today at 3:20 Chicago time.

Paste this URL into your media player:

http://38.98.140.164:8000/thinkorswimlive

 

[Eko_Trader]

Quote from kinggyppo:

recognizing that today is a trend day ( ie going in one direction all day
would save traders some money). I think most of us have a tendency to want to fade the current trend, why? cause it works sometimes. My point is don't ASSUME the mkt will turn cause you think it is overpriced/extended etc. , just thinking out loud here, good trading.

Good point. But would you advocate buying at here?

 

[Thundershock]

I covered at 75.25

 

[volente_00]

Quote from kinggyppo:

recognizing that today is a trend day ( ie going in one direction all day
would save traders some money). I think most of us have a tendency to want to fade the current trend, why? cause it works sometimes. My point is don't ASSUME the mkt will turn cause you think it is overpriced/extended etc. , just thinking out loud here, good trading.

5 1/2 hours in a sideways 5 point range is not my definition of trend