ES Journal Archive (2011)

Lawrence Chan · Jun 10, 2011

Quote from volente_00:

Added at 71.5. Avg is ~73. Stop same. Will add at 69.5 and 67.5 if we get there. May be drinking water instead of mojitos if the bears get me. Target is 80

Vol,

R100

volente_00 · Jun 10, 2011

Quote from cashcarewins:

It seems like we are upside down now from ES June at 1276.25. With this deep a penetration, hard to see how that does not act as major resistance today.

74-75. Is key. Break above on volume and we test 79-80

volente_00 · Jun 10, 2011

Quote from Lawrence Chan:

Vol,

R100

. How bout a 50% retrace for OE week. If 66 holds this is setting up for a huge upmove

Lawrence Chan · Jun 10, 2011

Quote from volente_00:

. How bout a 50% retrace for OE week. If 66 holds this is setting up for a huge upmove

That you need a positive close today.

cashcarewins · Jun 10, 2011

Quote from emg:

i don't know what is sma. is that an ancient tool?

The March 17 low (1237.25) and 200 ema (1232.27) are converging. Until some other pattern sets up, that is the only thing I see beneath here.

klinckphilip · Jun 10, 2011

This market is unforgiving. I will not allow for any up movement. The slightest up-move turns into a range that just waits for the MAs to come to it then moves further down.

klinckphilip · Jun 10, 2011

Long 70.25

Stop 69.00

I couldnt help it.

dadog · Jun 10, 2011

Hello everyone, I may chime in logs for personal reasons here as well:

Long the (sep) contract at 65.00

target 80.00

stop 55.00

klinckphilip · Jun 10, 2011

Quote from klinckphilip:

Long 70.25

Stop 69.00

I couldnt help it.

Pulled that up to even and got stopped minutes later.

Gonna just have to wait until a nice strong bottom is put in. Cant make myself short and I obviously can tell where to go long.

dadog · Jun 10, 2011

Added here 62.25

everything else stays the same.