ES Journal Archive (2011)

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Quote from macho grande:

If I insulted you or anyone else i am sorry. Thanks for the invitation (even though i know your being sarcastic here) :D
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Nope. Zero sarcasm. You remind me of someone that used to be dear to me. We enjoy the art of insulting, giving and receiving, at our premises.:D
 
Quote from Jgills:

out. who's going long for the open?
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why would anyone who can correctly analyze market go for long.


The whole grind up was based upon a series of blunders being prevented from happening in Europe. Finally, the last rally happened yesterday after change of leadership in Italy. The way markets have sold during European session only means one thing - that bond and credit markets have decided to move their attention to Italy now, which everyone knows is much bigger economy than Greece. I think we see at least one more day of carnage. Add in Iran-Israel situation and you have a potential trigger to push S&P to 1100 over the next few weeks. (Not saying it will go there).
 
Quote from gmst:

why would anyone who can correctly analyze market go for long.


The whole grind up was based upon a series of blunders being prevented from happening in Europe. Finally, the last rally happened yesterday after change of leadership in Italy. The way markets have sold during European session only means one thing - that bond and credit markets have decided to move their attention to Italy now, which everyone knows is much bigger economy than Greece. I think we see at least one more day of carnage. Add in Iran-Israel situation and you have a potential trigger to push S&P to 1100 over the next few weeks. (Not saying it will go there).
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Thanks for the explanations, but please refrain from them in the future. My question was who's going long at the open, not why is the market down 30 points, and honestly, I hope no one is going long at the open, because then I know if I am, I'll probably be right.
 
Quote from Visaria:


I think i have done this about 5 times now, profits of 20 handles, and all vanished.

Someone HELP!!
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Very simple my friend -- either close the trade at +20, or move the stop to +10, and leave it there.

You are an awesome trader and I wish I had your ability to hold trades as long as you do. But ever since I've known you from CL, you've let massive profits escape. Just take the damn profit dude. 20 handles in ES in a day is a darn good profit by anyone's standards. Even with 5 or 10 you're light years ahead of most people--just close the trade and enjoy the money.
 
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