ES Journal Archive (2011)

[FreakofNature]

Quote from trendy:

Looks like 1271.

B1S1 keeps a very clear update on his stop placement, sort of disrespectful to ask him, hey! where is your stop ?

FoN

 

[Laissez Faire]

Quote from Laissez Faire:

Pausing/retracing here or turning around?

I don`t know, but I`m betting on seeing the day high before EOD.

Why did not anyone tell me to stick to my initial stop?

You guys are mean

1/2 gap complete here @ 75.

Not sure what the rest of the day will bring, but perhaps we`ll close the rest of it tomorrow.

 

[ammo]

Quote from SrRuthenate:

Everyday brother, every day. You've seen a dozen averagers papertraders or real blow up real time in this thread in front of your eyes in the last 3 weeks...and are you going to insist with the nonsense?. Really look at the mirror. Try trading away from the mean instead of reversal to the mean for God's sake!. At least give it a good honest try in a simulator...

here's your mean euda,vol figured it out

 

[klinckphilip]

Quote from klinckphilip:

_________________________________________



New stop 66.50


Limit at 57.50


Headed out on an appointment. See you guys later.

Oh, well. Stopped at even.

Monday - 16
Tuesday - (-3)
Wednesday - 6.75

Not too shabby so far.

 

[SrRuthenate]

Quote from ammo:

here's your mean euda,vol figured it out

I see you are in good spirits...If that chart says short'em now, then I agree with it. hehe
I'm going to atticus thread, I don't want to hurt feelings any more. We all got something to learn from LF, 101 days in the game and he's beating most of us hands down...without averaging of course...:eek:

What happened to iloveoptions? He ran out of options or what?. hehe

 

[Laissez Faire]

Quote from volente_00:

50% fib held = 80-90 next

"An important point is that trends last much longer than most traders would ever imagine. Because of that, most reversal patterns fail and most continuation patterns succeed.
Most trend channel line overshoots and reversals are minor in a strong trend and fail."

- Al Brooks

Today was basically a continuation of the strong trend that started yesterday.

When a trade starts to look to good to be true, I`m starting to think it may be a trap, but it seems like everything is set for a gap fill above at your target area tomorrow

 

[Buy1Sell2]

Quote from Buy1Sell2:

I have entered an entry sell stop for 1 contract for a day/swing trade. I have placed this at 1139.25. If entry sell stop is triggered, I will then post the protective buy stop.

Leaving computer now. Talk to everyone again soon.

Edit--I'll go ahead and post the buy stop that will go in place if I am stopped in-- It is 1181.25.

I'll keep this order going.

 

[marceck]

5% drop in AAPL should put NQ value around 2129 from its close. So it looks like we are a little overdone on the selling, but then again, 3 day rally is not something you buy ahead of day four without confirmation.

 

[marceck]

Quote from marceck:

5% drop in AAPL should put NQ value around 2129 from its close. So it looks like we are a little overdone on the selling, but then again, 3 day rally is not something you buy ahead of day four without confirmation.

Going to amend that to 2123, resistance so far on the bounce after the initial sell. That lines up better with 15% of NQ and a 5% drop in AAPL. If we start moving back down below 2115, it could tell us that AAPL might sell more than 5%.

 

[volente_00]

Quote from volente_00:

A run to 1180-90 is setting up from 1118-20 if you can handle a 1109 stop

Hate to be a party pooper but I think we fall to 1044 on cash from 1178-1193