ES Journal Archive (2011)

[FreakofNature]

Quote from FreakofNature:

Filled.

FoN

Stop to entry 42, gonna try to let this one run to low 00.

FoN

 

[FreakofNature]

Quote from FreakofNature:

Stop to entry 42, gonna try to let this one run to low 00.

FoN

Closed it 17, +25 and went long, stop 00, target 62

FoN

 

[fishing]

dax went straight up 300 points right after the open. crazy

 

[Laissez Faire]

Quote from FreakofNature:

Closed it 17, +25 and went long, stop 00, target 62

FoN

That`s how it`s done. Nice

 

[Laissez Faire]

Quote from marceck:

Just check the message boards and you will see what retail traders did, most of them dumb money.
Whenever CNBC parades a bearish trade, you can bet smart money works a squeeze.
It is in no way a foolish comment, but years of fading the CNBC morons.

This is definitely the last time I ever post here.
Not a word of thanks for all the time I have put in and the numerous tips I have given.
Done.

Well, that`s not entirely true, since I know that I at least thanked you more than once and I know that other people than me have been enjoying your posts

Anyways, this is ET and unfortunately negativity goes with the territory. Ignore it or better yet, put the negative elements on ignore.

Obviously, many traders shorted the lows on Friday, influenced both by media and calls from other traders. As I stated on Friday, we may very much go lower, but the road there is likely to be volatile with decent swings. Trading on tips from others, no matter who it is, is a losing approach. Trading on tips from others is however fine if the objective is trading for the sake of trading and just doing it as a hobby and you are okay with losing money.

Learning from other people`s calls and style and integrating it with your own methodology and analysis is a completely different matter

 

[Lawrence Chan]

Quote from volente_00:

ihs on 5 minute projects to around 1166


50% is 1158


open gap on cash is ~61 ES

Still short from 1200 area?

 

[Pekelo]

Quote from FreakofNature:

Your trading has been very impressive,

I am impressed too. Specially when his position went from +60 pts to -20. Oh wait....

Of course I am just kidding, I love B1S2. He proves with his style that you can be completely clueless about the market's direction and still make money, if your account's size is big enough.

Keep up the good work....

 

[Lawrence Chan]

Pek,

What's your take on ES this week?

 

[Laissez Faire]

1st target is the gap fill below, expecting that Friday`s high will not act as permanent support

No bias beyond that at the moment, except that I will probably look for a long if we reverse on the gap fill and find a bottom there.

 

[Laissez Faire]

But not all gaps fill at the same day. It just seemed very convenient to fill this one first.

Maybe we`ll dick around here until the news release in 12 minutes.