ES Journal Archive (2011)

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Quote from Picaso:

Is this a swing trade holding over the weekend or you see that much movement in the next couple of hours? Thank you and good luck either way.
daytrade. Already locked in some profits. Stop moved to 80
 
Quote from volente_00:

daytrade. Already locked in some profits. Stop moved to 80

R1 to PP setup similar to your call in progress

PP at 66.25

The DT / div top points to potential low 60s
 
Quote from pokito:

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I'm confused !
ES actually dropped from the point you said "Face peel" to the point "stopped shorters".....

so, shorts actually covered and took profit.
I don't see how they got stopped.

Please explain and help me understand this...thks,

If the person/company/institution put on 1000 contracts to pick up 10 points then they had a successful 1,000 contract 10 point pick up.

It could have been a daytrade entry (but with that size...) It could have been a swing to hold over the weekend. It could also be a position to test the 1080's lows etc.

This order on the sell side was sitting there for all to see.

The large orders on the buy side came through to fast for them to be the same person unless they have a sell stop on the way down and some automatic system to have taken them out after 10+ points.

I watch footprint, time and sales, issues, and a bunch of other things.

It was a short squeeze for daytraders who went short during that period but this person who put on the 1000 contract may still be holding for what I mentioned above... Then again they may have picked up 10 points.

The order was at 1140. The low today on the ES is 1132.75, so it wasn't even 10 points.
 
Quote from mwingo1135:

If the person/company/institution put on 1000 contracts to pick up 10 points then they had a successful 1,000 contract 10 point pick up.

It could have been a daytrade entry (but with that size...) It could have been a swing to hold over the weekend. It could also be a position to test the 1080's lows etc.

This order on the sell side was sitting there for all to see.

The large orders on the buy side came through to fast for them to be the same person unless they have a sell stop on the way down and some automatic system to have taken them out after 10+ points.

I watch footprint, time and sales, issues, and a bunch of other things.

It was a short squeeze for daytraders who went short during that period but this person who put on the 1000 contract may still be holding for what I mentioned above... Then again they may have picked up 10 points.

The order was at 1140. The low today on the ES is 1132.75, so it wasn't even 10 points.

Ok. I was just checking to see we are talking about the same thing.
That large trade you referenced (entry and exit) was not getting short squeezed with + 10 points in profit..

Just my 2c..
 
Quote from mwingo1135:

If the person/company/institution put on 1000 contracts to pick up 10 points then they had a successful 1,000 contract 10 point pick up.

It could have been a daytrade entry (but with that size...) It could have been a swing to hold over the weekend. It could also be a position to test the 1080's lows etc.

This order on the sell side was sitting there for all to see.

The large orders on the buy side came through to fast for them to be the same person unless they have a sell stop on the way down and some automatic system to have taken them out after 10+ points.

I watch footprint, time and sales, issues, and a bunch of other things.

It was a short squeeze for daytraders who went short during that period but this person who put on the 1000 contract may still be holding for what I mentioned above... Then again they may have picked up 10 points.

The order was at 1140. The low today on the ES is 1132.75, so it wasn't even 10 points.
or they could have been hedging a pit trade.
 
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