ES Journal Archive (2011)

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Quote from klinckphilip:

Its not done yet. I guess the next spot to watch will be 1115 or so. Im not out yet but I am bringing my stop to BE at 40.00

I guess the AH low @ 11,25 is a possibility by EOD.

Might expect it to bounce a little from the previous day low first, but I`m still choosing to trail a somewhat tight stop @ 25.
 
Quote from Laissez Faire:

Locked 10 points @ 26. Free ride from here hoping for further sell off :)

Previous day low is a given by now. If that does not hold, who knows what we`ll print.


Now that gap is filled what is the reasoning for more selling ?
 
Quote from volente_00:

Now that gap is filled what is the reasoning for more selling ?

People sell across different time frames for many reasons that I can`t understand nor will try to understand. I just try to follow along and with a locked in profit at the initial target I don`t think that`s a bad idea today :)
 
Quote from Laissez Faire:

People sell across different time frames for many reasons that I can`t understand nor will try to understand. I just try to follow along and with a locked in profit at the initial target I don`t think that`s a bad idea today :)

I should add that while this probably may be a bottom, trend days tend to extend far longer than one might start to imagine and I don`t see any price action that indicates we are turning yet.

23 locked in. Will move it to 20 if and when we drop further :)
 
Quote from Laissez Faire:

People sell across different time frames for many reasons that I can`t understand nor will try to understand. I just try to follow along and with a locked in profit at the initial target I don`t think that`s a bad idea today :)




Good luck

I'm bullish from 22 area on cash for a 10 or more point bounce


Maybe I am wrong


:)
 
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