ES Journal Archive (2011)

[Laissez Faire]

Long 1223. Stop @ 1221.

Potential targets. 1227-1230.

 

[macho grande]

S@ 1224
St@ 1227

 

[JoshDance]

Quote from macho grande:

S@ 1224
St@ 1227

Just curious, why 24?

 

[Laissez Faire]

Quote from Laissez Faire:

Long 1223. Stop @ 1221.

Potential targets. 1227-1230.

Covered @ 1224,50.

I did not like my exit, but with two losses earlier in the morning, I felt the urge to bank a profit.

Can always get back in if we find support @ 1222 or slightly lower.

 

[macho grande]

Quote from macho grande:

S@ 1224
St@ 1227

flat@ 1223.50

 

[Laissez Faire]

Twin reversal off the new highs in ES and lower highs in NQ. Not too bullish, IMO.

Where`s emg?

 

[bigsnack]

Well I didn't get a perfect 50% pullback from recent lows to highs on this one. I see the reasons why now (vol profile and TICK confirmation). I hope some of you caught it!

 

[macho grande]

L@ 1222.50
St@ 1218

 

[keeptradin']

Quote from Laissez Faire:

Covered @ 1224,50.

I did not like my exit, but with two losses earlier in the morning, I felt the urge to bank a profit.

Can always get back in if we find support @ 1222 or slightly lower.

A pullback to the 20-21 area is a good buying opportunity, IMO.

Finding some support here @ 22, let's see if it holds.

 

[Laissez Faire]

Quote from keeptradin':

A pullback to the 20-21 area is a good buying opportunity, IMO.

Yes. 20 should act as support if higher. Lining up well with the 20-EMA at the moment.

Morning highs at 22 may also act as support.