ES Journal Archive (2011)

[Pekelo]

Quote from Lawrence Chan:

It will take a few days at least before %R bottom out.

Well, the last time it took only one day:

Here is an excellent example of the W %R signaling a swing buy at the end of Jan 28th....
Now I know it doesn't look like hitting -100, but you have to watch it in real time, because later it adjusts to the price movement. So what is a clear hit in real time, doesn't always look like one later...

Edit: NDX's W %R is already at -90 right after the open....

 

[atticus]

Quote from atticus:

Sold the puts from 11.00 (33.00 per); so 1303 is b/e. I made 8 in ES trading around the position, but this combo trade is down 39. I'll sell some March puts come Monday if we trade 35-38.

Short the Mar 1300P against the short ES (1303 b/e) from 13.75. 2:1 favoring puts. B/E at exp is 1278.00-1330.50 against 1303. (ESH1 1325.00 last).

 

[Lawrence Chan]

Quote from Pekelo:

Well, the last time it took only one day:

Edit: NDX's W %R is already at -90 right after the open....

Last time it did not gap like this.

I remember that day - it was a very good day =)

 

[kinggyppo]

long spy 133.23 stop under 133

 

[kinggyppo]

Quote from kinggyppo:

long spy 133.23 stop under 133

flat 133.50

 

[Now is Now]

Quote from Nexen:

Made a dom error, cost me 1 tick.

Long 25, 3 cars, same plan, last car no target.

Was a bad error...by all accounts stopped out at 132000....unless there was some 'magic'...

NiN

 

[Nexen]

Quote from Now is Now:

Was a bad error...by all accounts stopped out at 132000....unless there was some 'magic'...

NiN

Still long here, pivot was 20, so stop goes under the pivot regardless of my dom error.

 

[kinggyppo]

you could be short spy here with a .20 cent stop.

 

[kinggyppo]

spy S1 133.81 pivot way up at 134.44

 

[emg]

Plan on going long 1314.00