ES Journal Archive (2011)

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Quote from Laissez Faire:

Sold 1231,50. Stop @ 1333. Targeting hell.
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27,50 is locked in. Come get me.

Hell is in sight, but someone is delaying the descent. I don`t like that. It makes me nervous.
 
Quote from Laissez Faire:

ES new lows. :)

For anyone who did not notice. :p
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Testing previous three day high of 1223 and morning low of 1223.75, so really an important support for bulls. With high ADD expect some kind of bounce.
 
Quote from Laissez Faire:

27,50 is locked in. Come get me.

Hell is in sight, but someone is delaying the descent. I don`t like that. It makes me nervous.
More...

Can you pls explain your thinking why its going to go much lower ? will help me follow price action !
 
Quote from gmst:

Can you pls explain your thinking why its going to go much lower ? will help me follow price action !
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I`m joking about the hell part, but there should not be any support below the open low until 1220 and that might be worth betting on.

Next is half gap @ 18.

Yesterday`s high @ 14,50.

Gap fill @ 11,50.

As of now, the lows are holding, so who knows.

Disclaimer: Not sure if I would enter a short at this point. Price is dropping too slowly.

Since I am short already, I`m continually monitoring my position, hoping it breaks, ready to puke if it holds.
 
Quote from Laissez Faire:

I`m joking about the hell part, but there should not be any support below the open low until 1220 and that might be worth betting on.

Next is half gap @ 18.

Yesterday`s high @ 14,50.

Gap fill @ 11,50.

As of now, the lows are holding, so who knows.
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understood thanks for that.
 
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