ES Journal Archive (2011)

[Laissez Faire]

Short @ 1353,50. Target 1350. Stop @ 1354,75.

May have been a trap. Will get long and possibly take a cheaper exit if we reverse from here.

EDIT: In the money now. NQ looks a lot weaker than ES. Will however gauge what happens at the daily lows and consider taking profits there.

 

[bigsnack]

Quote from volente_00:

DEMTDAYBOYZ smell green

They might have to wake up and smell the roses instead.

 

[Laissez Faire]

Quote from Laissez Faire:

Short @ 1353,50. Target 1350. Stop @ 1354,75.

May have been a trap. Will get long and possibly take a cheaper exit if we reverse from here.

EDIT: In the money now. NQ looks a lot weaker than ES. Will however gauge what happens at the daily lows and consider taking profits there.

Considered taking profits as I anticipated a bottom, but trailed a tight stop instead.

Out @ 1353,25. +0,25.

May be looking to enter a long now.

 

[bigsnack]

Quote from Laissez Faire:

Considered taking profits as I anticipated a bottom, but trailed a tight stop instead.

Out @ 1353,25. +0,25.

May be looking to enter a long now.

Yeah my short TL broke as well, so T-day could still be on.

 

[Laissez Faire]

What I thought was the market bottoming out, may just have been a retrace.

Let`s try one more time.

Short @ 1353. Target 1350. Stop @ 1354.

Will probably reverse for a t-day long @ 1354 is stop is hit.

 

[eudaemon]

Quote from eudaemon:

El Matador is used to eating a lot of criadillas.

El Matador is sneaky, and today he seems to have outsmarted DEMTDAYBOYZGOINGFORDAGREEN.

 

[bigsnack]

Quote from Laissez Faire:

What I thought was the market bottoming out, may just have been a retrace.

Let`s try one more time.

Short @ 1353. Target 1350. Stop @ 1354.

Will probably reverse for a t-day long @ 1354 is stop is hit.

Well played home skillet! I got shaken out at +2 pts. I should have held for my standard target...

 

[Laissez Faire]

Quote from Laissez Faire:

What I thought was the market bottoming out, may just have been a retrace.

Let`s try one more time.

Short @ 1353. Target 1350. Stop @ 1354.

Will probably reverse for a t-day long @ 1354 is stop is hit.

I got greedy and did not take 1350,25 as was offered to me.

Out @ 1351. +2,0.

May be ready for that long now.

If not, I`m gonna be really pissed if I got out of a short on another retrace

Looks like the bears are in control, but I don`t really feel I got a good read on it at the moment.

May have bottomed @ 1350 (AH low).

Any opinions?

 

[Laissez Faire]

Testing the old daily low @ 52 now. Acting as resistance?

Will enter a long if we break above.

 

[PO]

Quote from Laissez Faire:

I got greedy and did not take 1350,25 as was offered to me.

Out @ 1351. +2,0.

May be ready for that long now.

If not, I`m gonna be really pissed if I got out of a short on another retrace

Looks like the bears are in control, but I don`t really feel I got a good read on it at the moment.

May have bottomed @ 1350 (AH low).

Any opinions?

It's possible we have bottomed, but we need to break above 52 and hold it.