ES Journal Archive (2011)

[volente_00]

Quote from Lawrence Chan:

You said below 1100 last night as the longer term target.

I see daytrading basis 40s can provide a good bounce zone.

What's your take?

maybe 48-50 ES which is 50%. I was bearish at 80-90. This mornings reversal only makes me more bearish. Spy option interest also gave away the run to 80-90 as well

 

[Laissez Faire]

Quote from Laissez Faire:

Sold 1162. Stop @ 64,50. Hoping it was not a trap.

Flat @ 56 on a "too tight" trail stop. The market looks overextended to me at this point, so I`m not willing to sit through a deep retrace in any case.

 

[Builder17]

got bent over every way imaginable today. no mojitos tonight

 

[ammo]

if it is a trenday,there is usually a chop zone bounce at 90 minute lunch

 

[emg]

Quote from emg:

plan on going long 1152.00

Hola Amigos. Cancel my ES order!

 

[volente_00]

Quote from volente_00:

looking for a move to 57 cash from 66-67 cash

more mojitos por favor

 

[Laissez Faire]

I was prepared for a gap fill this morning and all look set for a long from the open. The sudden spike in the pre-market caught me very off guard and it was a possibility that I will honestly admit I had not considered at that point considering the AH range leading up to that.

We then completed the gap fill from above, which was a scenario I was less prepared for. That made me scalp large parts of the day and getting stopped out on "too tight" trails on the short side because I had no conviction or a clear target either way.

Now we will probably rally to the day mid or something, but I`m done for the day

Or just catching up with the EMA perhaps?

Later traders.

 

[marceck]

Not a day to get married, scalp 'em. They are plenty wide.

 

[bigsnack]

TICKs are still bullish at the moment:

 

[klinckphilip]

Long - 60.75

Stop - 55.25