ES Journal Archive (2011)

[volente_00]

Quote from Laissez Faire:

Let`s try this.

Short @ 1330. Stop @ 1332. 1327 is first target, but I should probably be looking for more.

. 50% retrace off r10 is right where your stop is. If we are going down more then 32 to 22 come in play

 

[cashcarewins]

Quote from volente_00:

It means smart money is betting on a move down

Isn't that contrary to the premise that there is low volume? It seems like the 'smart money' is out of the market or already placed their bets.

 

[volente_00]

Yo EMG, you ready for 17?

 

[pauk]

it wants up.
Smart money is long

 

[Laissez Faire]

Quote from volente_00:

. 50% retrace off r10 is right where your stop is. If we are going down more then 32 to 22 come in play

Allright, boss.

Stop trailed to 32,50. That`s all I`m willing to risk on this one

I have to say I`m losing confidence in a sell-off today, but right now I`m in the red and willing to risk some more, instead of bailing.

IMO, we can`t go much beyond 32 if we are heading lower today.

 

[ammo]

Quote from ammo:

a5 31.8,,cover 1/5 28.75

add 32.25

 

[bigsnack]

Waiting for a TL break and some TICK confirmation before selling. Target on my current long is 33's if we get there.

 

[volente_00]

short 32.25

3 point stop

target 17-22

 

[emg]

Quote from volente_00:

Yo EMG, you ready for 17?

"Hola!! Buy ES! mojitos" remember that quote?

 

[volente_00]

My blackbox is looking for a move down to 17-18 from 32.5 to 34