ES Journal Archive (2011)

Status
Not open for further replies.
Quote from Laissez Faire:

I don`t like the current sleepy and choppy action, but I guess it is natural during this time of the day.

The market rose on very high TICK readings and have barely dipped below zero for the day, with the lowest reading at -275.

Even though I don`t fancy the current price action (all those dojis and small bars make me nervous), I`m entering a long @ 1303 anticipating a test of the daily highs.

Stop @ 1301,50.
More...

Out @ 1304,50. + 1,5 points on the trade! :)

I had forgotten how sweaty my palms get when trading live ;)

I still think we might test, close at or even surpass the daily highs, but the price action made me nervous and I thought it would be great to resume live trading with my first trade being a winner! It might have a positive psychological effect, who knows ;)
 
How simple it can be.

Not the kind of day where you short, and if you are thinking long term short swing, only a newbie would initiate the swing mid day, you wait until the close because momentum is against you.

That goes for big ego salivo lol
 
Quote from Laissez Faire:

Out @ 1304,50. + 1,5 points on the trade! :)

I had forgotten how sweaty my palms get when trading live ;)

I still think we might test, close at or even surpass the daily highs, but the price action made me nervous and I thought it would be great to resume live trading with my first trade being a winner! It might have a positive psychological effect, who knows ;)
More...

LF, I was typing with someone on Skype and at 3:19pm ET, I told him I was really tempted to buy ES there, right about the price and time you were closing your position :p

Glad you got a winner!
 
Quote from candles:

Dont worry.
At least you haven't been shorting it and getting consistently killed like most of the morons on ET (particularly the other threads as opposed to this one)

Only people making money are 'airwaves', 'fedpeople' and the others who understand how the ES MUST move.
More...

There’s money to be made in both directions, usually faster to the short side and a bit more slowly to the long side. ES dropped about 20 pts in 6 hours last week, then took over a day and a half to retrace that move this week. The profit looks, smells and spends the same no matter which direction you trade to get it.

I’d be willing to bet that “moron” on Velocity Futures leaderboard didn’t make half a million dollars Friday by trading ES to the long side.
 
Quote from ajcrshr:

Fed's Hoenig says QE3 "may get discussed"

Feb 1 (Reuters) - The Federal Reserve could debate extending its bond-buying program beyond June if U.S. economic data prove weaker than policymakers expect, Kansas City Fed President Thomas Hoenig said.

http://www.zerohedge.com/article/here-comes-qe3-hoenig-says-more-quantitatve-easing-be-discussed
More...

These are mad men. How high must food and energy go to get the wackos off this policy. Can't they see this is hurting the most vulnerable people in society.
 
Status
Not open for further replies.
Back
Top