ES Journal Archive (2011)

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Quote from volente_00:

that's a tday short trap

Indeed.

So where is the high for today? The T-day boyz sure are buying today. Yesterday`s high looks like a given by now. I`m looking at Friday`s high as a potential target as well or at least 50+, but maybe that`s too optimistic.
 
Yep. There she goes :)

Market looks incredibly strong today. Maybe we`ll pause here, but I`m quite sure we`ll see 53 by EOD. Let`s see if we can form any support at the previous day high area or if we bounce off it.

A late long (or even worse, an early long that got stopped out for a lousy profit), can only watch helplessly at this point :)

EDIT:

The previous retrace from high to low was 8 points, so I would not get excited too soon. Could still head back to 40 and then higher. As we all know or at least I do, the t-day boyz love trapping shorts :)
 
Quote from volente_00:

do you always lose control of bodily functions on winning trades? If you are nervous trail or scale. No one ever went broke taking a profit.

Well, it was a figure of speech :)

I see higher Vol, so going to hold for it.

If it keeps going up might secure the stop to no loss so I can breath a little better as I wait for intended targets.

FoN
 
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