ES Journal Archive (2011)

Status
Not open for further replies.
Quote from gmst:

yes thats a bazooka risk you have there. We might drop tomorrow or day after on disappointment, till then its rally rally.

Edit: Actually if you look carefully that risk is being reflected in Euro, which hasn't rallied at all over the last 4-6 days compared to ES. So, yes your idea is correct but instrument of choice to express it is not the best.

Actually all these days (last 4-5 days) I have been thinking of being long ES and short Euro as a great spread trade, but I didn't take that position, since I trade intra-day and didn't want to hold positions for multiple days.
More...

great observations. the kick-the-can approach ain't working, follow the EUR down. week after NFP usually not so great either, but that is finger to the wind statistics.
 
Quote from gmst:

Buy one more at 1255.5, target 60-62
More...

1 more long 1252, this is sim long - no more money in cash account. Had there been free margin, would have taken this long.

Target 55
 
i have close is lower than yesterday's close. projected sell from the last sell point that I posted which is already an 8 pointer would be sharper low than a.m. low. and then small closing bounce or not but I plan to be flat by then.

that may not be helpful to anyone but it is to me :D
 
Quote from gmst:

1 more long 1252, this is sim long - no more money in cash account. Had there been free margin, would have taken this long.

Target 55
More...

out of sim contract and 1 real contract at 1253.75......have to manage risk, 1 real contract remaining long
 
Status
Not open for further replies.
Back
Top