ES Journal Archive (2011)

[Laissez Faire]

Quote from Instynct:

Because professional money knew that price will head back down.

Any idea what the professional money is planning for today?

Thanks.

 

[Buy1Sell2]

Quote from ammo:

99% of his trades are spreads

stops need to be posted

 

[volente_00]

Quote from Laissez Faire:

Any idea what the professional money is planning for today?

Thanks.

longer term 2 scenarios



higher low being made here and then a run to 1240-1249


or

bounce from neckline even lower to make a right shoulder around 1200 and the open gap and then a move to ~1000



spy option interest supports the first one




seasonality supports the second



pick your spot and take your shot

 

[Lawrence Chan]

Its all about Euro now.

If Euro breaks 1.40 and start to slide down to 1.30, you get total melt down.\

 

[ammo]

euro filling cleavage,stop ,bounce or then nip below,tree branches or supp

 

[ammo]

dollar hit nip and tl

 

[Buy1Sell2]

09-02-11 08:36 PM
09-02-11 01:42 PM
09-02-11 05:21 AM
08-31-11 09:36 PM
08-31-11 07:15 AM

--Entered entry sell stop order to short one Sep contract at 1191.75. Initial stop will be 1231.00 if triggered.
--order still unfilled, but active. I will continue entering this order until further notice.
--Ordered changed to market order. Sold one Sep contract at 1196.50. Initial protective buy stop is 1233.00 instead of the 1231.00.
--Buy stop lowered to 1216.50 7:42 AM CST 9/02/11 (current price 1184.00)
--will lower buy stop on Mon evening to 1201.50 just prior to open (current price 1169.25)
--buy stop lowered to 1187.50 (current price 1138.50)

 

[ammo]

spx

 

[atticus]

Quote from atticus:

Short 71.25. no stop or target so FU AQ.

Better to be lucky... out 42.00.

 

[Instynct]

Quote from Laissez Faire:

Any idea what the professional money is planning for today?

Thanks.

I have no clue where price will end up today but the market bias is down, pretty obvious. I'll be shorting key price levels and managing/reacting as price unfolds.