ES Journal Archive (2011)

[Laissez Faire]

Broke my subjectively drawn trend line, but both NQ and ES bounced off the 20-EMA.

So far, so good

 

[A-No1]

Quote from A-No1:

papertrade stop set now @1142.50 (BE)

stopped @ BE

 

[Laissez Faire]

NQ is however looking a little weaker today.

Was it marceck (are you around?) who said that is is usually bearish when S&P is "higher" than NQ?

Looks like we may be heading lower now, unless, NQ can reverse.

That may or may not scare me out of the trade :eek:

 

[tomahawk]

LH may want to lead to at least 1 more LL before heading higher, IF it does in fact go higher, which I think there is a good chance of (Wed gap fill).

 

[A-No1]

papertrade:

short@ 1140.25 stop @ 1144 target @ 1132

 

[A-No1]

Quote from A-No1:

papertrade:

short@ 1140.25 stop @ 1144 target @ 1132

stop set now @ 1140.25 (BE)

 

[A-No1]

vios con dios (go with god)

 

[Laissez Faire]

Looks like we`re back to test the 50% level and Friday`s high.

Considered taking a small profit and getting out, but this is a potential bounce zone, regardless of what caused us to sell off that abruptly.

33,75 is the new 50%.

 

[A-No1]

Quote from A-No1:

papertrade:

short@ 1140.25 stop @ 1144 target @ 1132

papertrade closed out 1134.25

papertrade long@ 1134.25 stop@ 1132

 

[Laissez Faire]

Quote from Laissez Faire:

Long @ 33. Stop @ 30. Targeting high 50s.

Out @ 34.

LOL. What a joke. Over 10 points in my hand and 1 point to show for it

Will get back in here if we can find support here. It just looked a little ugly at this point and I was not interested in taking a full stop.