ES Journal Archive (2011)

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Quote from Laissez Faire:

Long @ 1182. Stop @ 1181.

Flat @ 82,25.

I`m usually eager to pick tops, but very afraid of catching falling knifes.

I do however think we may be forming a bottom here for the day, so I`m just testing the waters with a tight stop.

May re-enter.
 
Quote from Laissez Faire:

Long @ 1184. Stop @ 1182.

Target 1190 or higher.

Covered @ 84,25.

Playing perhaps too defensively today, but it`s my first day in a while, so I`m getting back in the rhythm.

Price found resistance pretty accurately at the day`s 50% level.

A potential good short entry, but I don`t know. May look to re-enter my long at a worse price :)
 
Quote from Laissez Faire:

Covered my short when NQ bounced off 2260.

3 trades this far and breakeven for the day. Played too defensively with my stops, so I missed most off the drop.

I think I`ll wait and see if we can form a bottom here now and possibly go long. Too late to short unless we crash?

82-84 possible support area for the day?
gap magnet around 86 cash
 
Quote from Laissez Faire:

Covered @ 84,25.

Playing perhaps too defensively today, but it`s my first day in a while, so I`m getting back in the rhythm.

Price found resistance pretty accurately at the day`s 50% level.

A potential good short entry, but I don`t know. May look to re-enter my long at a worse price :)

Did the same.

Question: why not kick Greece out of the EU? Who cares about Greece!?
 
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