Covered short at 1210.75 +3.
ES Journal Archive (2011)
- Thread starter Buy1Sell2
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Covered short at 1210.75 +3.
Quote from Macho:
Good 1
Thanks, nice to see some order in the market moves lately...
Looks like some consolidation and sideways chop are in store for awhile here. Market definitely seems to have a bearish bias today after that runup in the overnight.
Where are all the traders this morning?? Volume is pitiful!!
Must have been one of those "Monday Meetings" at Goldman...LOL!!
I`ve been using tight stops all morning on the short side, with 2 X 0,25 points to show for it 
Tight stops since price seem to just be sitting there and my conviction was waning.
I think a re-test and failure of the opening range low @ 1209,50 could be a nice entry if we get it.
If not, I think I will wait to see what happens at Friday`s lows. I guess we could just as well bounce from there, although I`m favoring the gap below at 1199.
Tight stops since price seem to just be sitting there and my conviction was waning.I think a re-test and failure of the opening range low @ 1209,50 could be a nice entry if we get it.
If not, I think I will wait to see what happens at Friday`s lows. I guess we could just as well bounce from there, although I`m favoring the gap below at 1199.
1203 then. 1199 later I hope
A pullback to 1207 may be a tradeable short with a tight stop if we get it
1206 is near the low of a balance area. Shown is a 10 day profile, arrows at the high and low of the balance. If one were to counter trend, this would be a good spot for it IMO.
http://screencast.com/t/lFHb2fOgng
http://screencast.com/t/lFHb2fOgng
Long 1205.50
Bounced of Friday`s lows as is to be expected in a technical and predictable market.
Nothing to suggest we don`t fill the gap below either. It is the when part that is a little harder to predict
Nothing to suggest we don`t fill the gap below either. It is the when part that is a little harder to predict
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