ES Journal Archive (2011)

[i_c_fed_people]

lets see if we can get a few days upside going

 

[pauk]

im still waiting for it to hit the 1338-1340 area to close my 1332 long for some good profits - - taking longer than ususal though. : , -they should really step in and rally this thing up soon. We're due some strong up days now after a few flat ones imo.

 

[Now is Now]

SLD 3400...target 3125

Will ADD, if necessary


NiN

 

[pauk]

keep going!!!! Im starting to really like this instrument

 

[candles]

Long: 1336
1360 should be hit soon.
Then looking for the 1400 area.

 

[Lawrence Chan]

Quote from Lawrence Chan:

Largely depends on USD (DX) now ... if "they" wanted a crash in USD to save the world, then ES will be pushed to 1340 although in reality it is a drop to 1300.

Finally, euro and cable have moved to the showdown price level.

If they top out today at this zone, stock market correction starts.

 

[Rickshaw Man]

Quote from Rickshaw Man:

The easy money is made overnight, the pros know all good little day traders are flat by 3:15 cst. Buy the close and sell around 2am, rises 90% of the time overnight. When was the last time you woke up and saw the index futures down.

I figured the day I posted this would be a down morning, and yesterday was. Let me say 90% of the time stock index futures rise overnight, so 9 out of 10 times stock index futures will be up by 6am cst.

 

[Rickshaw Man]

Quote from tortoise:

Gee, I dunno ... this morning?

I knew as soon as I posted we would have a red morning, sure enough we did. Today is the typical jam up overnight.

 

[volente_00]

Quote from candles:

Long: 1336
1360 should be hit soon.
Then looking for the 1400 area.

At r10 ?



:eek:



Have you ever considered just holding your longs for more than 3 points and just adding on dips ?

 

[Lawrence Chan]

vol,

Surrender here or until stop out?

p.s. 29-30 acted as support, sending ES to this 34-36 zone. A break below 34 will send it back down there quickly.