ES Journal Archive (2011)

[pauk]

hell yeah. Flying up now
I wish all trading instruments were as easy as the ES - I tend to lose on oil and then make it back by just longing the ever reliable ES lol.

 

[eudaemon]

Quote from pauk:

hell yeah. Flying up now
I wish all trading instruments were as easy as the ES - I tend to lose on oil and then make it back by just longing the ever reliable ES lol.

Yeah!. I bet it was really easy to stay long on the drop to 1290. You go girl!. Hi Five!.

 

[Airwaves]

Quote from pauk:

im gonna see if the tday boys can give me some nice profit on this tomorrow so holding it for now.

Very nice trading, Sir.
And forget oil. Forget trading other instruments where you dont have the Governement to back you up/lean on to ensure you make money. You should Stick with the ES and nothing else. Long only, like I've been advicating since the day I joined

Should be hitting 1390 region rather soon.

Go airwaves, go!!!

 

[crazyAtrader]

Quote from crazyAtrader:

Got filled at 1299 identical size as 1311, average 1305.

Willing to add lower somewhere in the 80s if necessary.

All targets above multi year highs.

Holding steady

Crazy A

 

[Rickshaw Man]

How can the market go down with the creepy central bank running there POMO every-single day.

The drop will come and when it does months of gains will be lost in a puff of smoke. So party on, pass the koolaid for now.

 

[Laissez Faire]

Quote from Laissez Faire:

I still have a way to go, but I have definitely improved some lately. Most importantly, I have drastically reduced my impulse trades and have more patience.

Let`s just say that I`m not as depressed going into this holiday as I was going into Christmas holiday

Quote from Laissez Faire:

Short @ 1327. Stop @ 1330. Target 1322. OCO.

Will hold it until either order is hit.

Off to the gym now.

Stop hit and smoked by the bulls. Looks like they`re back with force. Still slightly green today, but that last trade was an unnecessary impulse trade. It had "hope" and "greed" written all over it. A part of me knew it when I took it, but I could not help myself.

I should have been satisfied with my 3,5 points. I`m still prone to these mistakes, but they are luckily diminishing. Oh well. Finished the week in the green.

 

[Laissez Faire]

Any takers on the ETH action?

1335,50 printed already.

Higher or lower from here?

 

[ajcrshr]

good read on the end of QE2

http://www.hussman.net/wmc/wmc110411.htm

 

[volente_00]

Quote from Laissez Faire:

Any takers on the ETH action?

1335,50 printed already.

Higher or lower from here?

I am cautiously short 35's with a stop at 40 and target of 26-28. Monthly IHS is in play so bulls have the edge

 

[volente_00]

Quote from Laissez Faire:

Volente,

Was it not you who said that one should never short a dull market?

Surely that would apply today?

6 point rth range is about as dull as it gets. Every so often we get a gap and grind day that does not fill. One of my rules is I do not chase price with gaps below or above so I did not take 1 long trade during rth but did scalp from 28 twice but there was no follow through. The monthly IHS is looking very bullish and sets up a perfect low volume summer grind higher. The battle will be at 40. If we break above then long trades will be the easy money til 1400-1420