ES Journal Archive (2011)

[Nexen]

I think it's pretty obvious by now what side smart money is trading.

Calling tops in uptrends is suicidal.

 

[ammo]

dow .. will cover if wrong

 

[ammo]

Quote from ammo:

add 88.25, vol spike on 5 min

88 avg,cover 1/4 86

 

[Laissez Faire]

Quote from Laissez Faire:

A short @ 1287,50, might be a good trade, but I prefer to wait for confirmation. The drawdown is less profit, but the win percentage is much higher.

Limit sell order filled @ 1286. Stop @ 1288.

I did not wait for 1285 to be tested, but I feel confident in a short now.

 

[zxd]

Still short at 1282.50, target is 1278

 

[ammo]

Quote from ammo:

88 avg,cover 1/4 86

84.5 on 2/3 of remaining on cleavage fill

 

[Laissez Faire]

Quote from Laissez Faire:

Limit sell order filled @ 1286. Stop @ 1288.

I did not wait for 1285 to be tested, but I feel confident in a short now.

When price stalled, I got scared and covered @ 1284. + 2 points on the trade.

I might look to re-enter a short if price does not retrace above 1285.

 

[ammo]

sh 88 avg add 86 avg 87 flat 86

 

[Trvlwanderer]

dtx pouring on some EOD strength. usually shows a strong open and looky dere...it's a TDAY too.

Nervous shorts possibly covering have me flat into EOD.

 

[Rickshaw Man]

What is with this holiday volume?