ES Journal Archive (2011)

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Quote from mwingo1135:

I have nothing against VOL but he does not own this thread, was not the original starter, and does not own this message board.

However I respect his opinion because he has been here a while and has payed the cost to be the boss. Not can never be discredited and kudos to VOL for that

My intention is not to be the boss or to be proven right or wrong.

Just to post good swing trades when they occur. Another setup may not occur for a week or so on the ES but I am looking at a possible silver short that appears to be forming.

For the record I can set an entry alarm to make a more timely post upon entry that way if I am doing something else and not looking at the monitor I will be able to live up to VOL's wishes and post the trade soon as I enter. So far most of what I have been posting I have been short and that has been met with a lot of resistance. The market went short. Instead of being laughed at for being a shitty trade I been yelled at for being to slow to post swing trades where speed is not a major fact.

So in response I will look to become the fastest swing trade message board poster I can be but that may or may not be enough.
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Leave my wing man Volente alone. We are busy in our world domination project.:D
 
Quote from mwingo1135:

I do not live in Ohio do not know where Ohio came from in your last two post.

I am glad we can focus back on the market

Also glad we are all aware we were in a down trend, just I have seen so many post mentioned by others where they would go long at and went long (and that is their right) but the market kept going down.
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trend is relative to time frame. Your downtrend is based on 6 weeks. As of right now this is still a retrace in a bull market. Start making lower lows on a longer timeframe and then you have a real downtrend. This setting up for a run to 1340 on cash regardless of what you think the trend is short term
 
Quote from volente_00:

trend is relative to time frame. Your downtrend is based on 6 weeks. As of right now this is still a retrace in a bull market. Start making lower lows on a longer timeframe and then you have a real downtrend. This setting up for a run to 1340 on cash regardless of what you think the trend is short term
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I agree trend is very much relative to time frame... if you move out to a weekly or monthly chart (positions traders) the main trend is LONG and what has happened over the last 2-3 weeks is not enough to change the overall long direction but 2 weeks is enough time to set up a swing trade and ride a 50+ point pullback on a monthly or weekly chart or a Trend on a daily chart.

Trying to hold a swing trade to the July 2010 low of 1002.50 would be insane when you have a better chance of test 1400 to 1500 year end 2011 because the monthly chart shows 1500 as the key resistance and the main trend both weekly/monthly is currently Long['/U].
 
The volume yesterday look like exhaustion. Perhaps this may mark the low of the correction. Fed meeting next week, end of quarter. I would not short this market. I'm going long.
 
Quote from letemrun:

covered all out (65.75), looking for a pull back to go long

edit: getting married sat so I think ms. won't let me trade no mo (I will sneak in some trades via wifi...) good luck traders
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do you have a stop loss on your marriage? Jk congrats. :)
 
Quote from volente_00:

Exited my 54 long at 68.5. Forgot to post it sooner because I had some bathroom issues but they are resolved now
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Good to see I am not the only one who could use the bathroom during the trading day.

Good trade.

I was able to at least post my trade before it hit my first target and 6 days before exiting close to my second target.

6 days before exiting would be a very long bathroom break.

Posting the trade after exit I have not done that and have not seen anyone else do it either

but since your a forum veteran I can trust you.
 
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