ES Journal Archive (2009 - 2010)

[ropey b]

Quote from ropey b:

short 1105ish (cash) stop 1111ish. reason: TL and MACD histo (12,26,9) on daily chart

out 1/2 1094.5. stop moved to 1104.5 on other 1/2

 

[startraitor]

long 89, stop 85

 

[Pekelo]

Quote from emg:

plan on going long 1087.75

Of course eventually we did fill the gap overnight and that would have been 7 pts gain, had you shorted at the posted time when it was at 95.

This was the 4th consequtive target/entry that went unfilled during the day although your direction was right. Please don't mind my bitching, I am just keeping records and we LOVE to play your calls. Keep them coming....

The Accountant

 

[Pekelo]

Speaking of gaps, last Friday when I was still out of town we had the rare 10% occurance of a 2nd gap (the first was on Wendesday morning) not closing during the day. That gap was closed this early morning.

This just shows that no strategy is 100% and I estimate the 2nd gap law having a 90% probability when it happens in the next 2 following days...

 

[startraitor]

exit 94.25

Quote from startraitor:

long 89, stop 85

 

[Eko_Trader]

Sold 98

will add more as we touch the daily trendline

 

[candles]

I guess we just keep motoring up.

 

[Pholeuon]

Top of channel is 1119 for now (I thiink in this context it is 99% safe but no way I am saying we will touch it), bottom about 1081. We are approximately in the middle, I do not like trading in such circumstances especially looking at situation at daily.

 

[JSSPMK]

Bull's idea is to start trading above 200 SMA & 2010 open IMO.

 

[Decel]

Want to short this, but beige book at 2 and consumer credit at 3 may be explosive mines on this T day....

Edit: Shit, we're actually Wednesday... monday's holiday got me all confused...