ES Journal Archive (2011)

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Quote from tortoise:

thus creating a new gap below to be filled ... quite probably tomorrow ...

Maybe, maybe not.

This move is in sync with copper (up 1.2%), oil, euro and bonds.

I am waiting to see how we handle that NQ 50 dma (2225) and refrain from a bias. A 2 day post FOMC drop often reverses the week after. so I am not shorting this unless we break the lows of this open.
 
09-22-11 06:08 PM
09-22-11 07:36 AM
09-21-11 07:23 AM

--Short 1 contract here at 1192.00. Initial stop is 1232.00
--Looks good so far. Protective buy stop lowered to 1165.25
--buy stop lowered to 1144.00
--stopped out for 47.75 pt gain. Nice trade. :)
 
Quote from marceck:

They want to crucify all the retail traders that followed Art Cashin and CNBC and went short Friday.

What are you smoking:eek: Since when would traders care what CNBC or Art Cashin say? If a trader based a trade on another persons opinion they deserve to lose.

Get real. Some of your commentary is very good Marceck and makes some sense to me, but there seems to be times where you 'lose it'.
 
Quote from Macho:

What are you smoking:eek: Since when would traders care what CNBC or Art Cashin say? If a trader based a trade on another persons opinion they deserve to lose.

Get real. Some of your commentary is very good Marceck and makes some sense to me, but there seems to be times where you 'lose it'.

CNBC did have some good people on Thursday, ironically.
 
Quote from Buy1Sell2:

09-22-11 06:08 PM
09-22-11 07:36 AM
09-21-11 07:23 AM

--Short 1 contract here at 1192.00. Initial stop is 1232.00
--Looks good so far. Protective buy stop lowered to 1165.25
--buy stop lowered to 1144.00
--stopped out for 47.75 pt gain. Nice trade. :)

Good one...two thumbs up!! :p
 
Quote from Macho:

What are you smoking:eek: Since when would traders care what CNBC or Art Cashin say? If a trader based a trade on another persons opinion they deserve to lose.

Get real. Some of your commentary is very good Marceck and makes some sense to me, but there seems to be times where you 'lose it'.

Just check the message boards and you will see what retail traders did, most of them dumb money.
Whenever CNBC parades a bearish trade, you can bet smart money works a squeeze.
It is in no way a foolish comment, but years of fading the CNBC morons.

This is definitely the last time I ever post here.
Not a word of thanks for all the time I have put in and the numerous tips I have given.
Done.
 
Quote from Trvlwanderer:

ES didn't bother finishing the IHS on the 15 and eur/usd didn't respect it's own wedge on the 15. europe makes the rules for the next few days.

ihs on 5 minute projects to around 1166


50% is 1158


open gap on cash is ~61 ES
 
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