ES Journal Archive (2011)

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Quote from crazyAtrader:

We had already taken the previous high of the day when you posted this call.

Outside days are very rare, don't see it happening.

Crazy A

Best quote for today!!



Yo Volente. Lets have some Mojitos, cigars, and some women!
 
Quote from Macho:

Short 1 at 117350

Stop 117750

Profit goal 116600

Why trade against the trend, and try and fade the momo? Nothing but higher highs and higher lows since Monday pre-market. 55 was the bottom of the channel today, and was also a measured move almost to the tick. Tues high > AH low > AH high > 55ish. Didn't expect 96 today. Volume indicates short covering. But Vol's 80 (back to the top of the channel) was a very good bet. Nice call btw.

The trend is your friend, unless fading is your specialty like ammo.

Later
 
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