ES Journal Archive (2011)

[A-No1]

papertrade: short @1139.50 stop @1144

 

[Laissez Faire]

Climbing a steep trend line on the 5-minute.

If we don`t start filling the rest of gap before lunch hours, I guess we could dick around here between 40 and low 30s before filling it by end of day (hopefully).

I`m feeling brave, so initial stop and target remains.

 

[A-No1]

I would love a nice DEEP PB right here; let;s say ~1132

 

[A-No1]

Quote from A-No1:

papertrade: short @1139.50 stop @1144

papertrade stopped @ 1144

this thread is sooo slow to respond

 

[A-No1]

papertrade:

short@ 1142.50 stop 1146

 

[Laissez Faire]

Nice.

I see that we`re still respecting the trend line on the 5-minute and 1-minute.

Would not like to see us go below 36,50-35,50 now, before filling the gap above.

I guess the AH high @ 51 is a potential reaction point, but it should not stop the gap fill if we pick up some steam.

50% gap around 44 and already done.

Again, just talking to myself

 

[ammo]

where is your gap lf, there is a short term nip at 53-54 seems to be a magnet at the moment,aapl block trades are 4 to 1 long,they could like aapl or it's an easy way to push the nq and lead the dow,spx

 

[A-No1]

Quote from A-No1:

papertrade:

short@ 1142.50 stop 1146

papertrade stop set now @1142.50 (BE)

 

[Laissez Faire]

Quote from ammo:

where is your gap lf, there is a short term nip at 53-54 seems to be a magnet at the moment,aapl block trades are 4 to 1 long,they could like aapl or it's an easy way to push the nq and lead the dow,spx

The way I have learned to look at gaps, it is filled after trading @ 1159.

Assuming the bottom is in, that would give us a 35,50 point range for the day. A stretch perhaps, but not out of line according to recent volatility.

For all I know, the top is already in for the day

 

[A-No1]

this is getting ugly :eek: