ES Journal Archive (2011)

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Quote from i_c_fed_people:

Anywhere should be a safe long.
Tday tomorrow, too.
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golly, that is a broad sweeping statement.
do you know something that I don't know.
 
Markets been pretty much going up everyday for a year.
I guess he's rolling the dice that there's no reason for it to stop here/today!

Interesting journal by the way. Hoping to join you guys one day, but i need a '2 way market' to trade where you can go long AND short and make money.

ES is seem way way too manipulated to the upside, so ill stick with currency futures for now.

regards.
 
Looks like the bears won this round.

The high was tested and rejected. We closed above the weekly pivot point, 1328, but did not manage to hold it.

Short @ 1327,50. Stop @ 1329. Target 1325, but might look for more . R10 from 1329-1328? :)

EDIT: I should add that the action is currently very choppy, so I`m not very convinced either way, but I`m willing to risk 1,5 points on this.
 
Quote from Laissez Faire:

Looks like the bears won this round.

The high was tested and rejected. We closed above the weekly pivot point, 1328, but did not manage to hold it.

Short @ 1327,50. Stop @ 1329. Target 1325, but might look for more . R10 from 1329-1328? :)

EDIT: I should add that the action is currently very choppy, so I`m not very convinced either way, but I`m willing to risk 1,5 points on this.
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Out @ 1325,25. Have to leave for a party :( Suspect I`ll miss a nice move.

Good luck fellas. I`m back for the close ;)
 
The insatiable search for the top continues and our esteemed shorts keep providing fuel for new higher highs based on their own stubbornness.

Keep it up bears and thank you.
 
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