ES Journal Archive (2011)

[Laissez Faire]

Always fun to get stopped out of a trade just before it leaves town.

I have not seen this kind of slow drift upwards in a long while on a gap fill. Perhaps never.

3 points left from filling the gap completely, they can manage that

 

[volente_00]

Shorting ES here at 1164-68 spx with ES stop at 1175 and open target

 

[A-No1]

My last post, good luck all. i got better things to do than sit here for 5 mins waiting for the page to load.

 

[Builder17]

feels like 66 tmrw open?

 

[chaykapwr]

Quote from chaykapwr:

about to explode .

wanted 65 cash but ill deal

 

[Lawrence Chan]

Quote from volente_00:

Shorting ES here at 1164-68 spx with ES stop at 1175 and open target

Your stop is getting close to b1s2's stop =P

 

[FreakofNature]

Quote from FreakofNature:

Stop to entry 17

Fon

Exiting at 60, not yet filled, will reverse short at 65, with a stop at 85.

FoN

 

[bigsnack]

Quote from Laissez Faire:

One other thing is that we`ve been registering extreme tick readings (+1200), but price just sits there. I guess that`s what they call a divergence

Maybe I`ll short her now.

FWIW, I have always had better luck by never fading the TICK ever. If we make a new high TICK that breaks the current TICK trendline, I am always looking for a pullback to buy (in this instance). Especially if we are making new highs for the day or something along those lines.

EDIT: Example.

 

[volente_00]

Quote from Lawrence Chan:

Your stop is getting close to b1s2's stop =P

Maybe I need to scale out or add to losers then







58's are the 50%


gap fill is ~ 1161


The reward is there for the risk

 

[volente_00]

Quote from FreakofNature:

Exiting at 60, not yet filled, will reverse short at 65, with a stop at 85.

FoN

Nice trade



Why not reverse at 60 ?