ES Journal Archive (2011)

[Laissez Faire]

Quote from macho grande:

risky trade imo :eek:

what's your target?

Never risky to go long when buyers got the upper hand.

The opening range high @ 1199 should act as support from here.

I already got profits from the morning, so I played this one a little too defensively as I`m not interested in giving back anything (done that far too many times the last months).

If we pull back to 1200, I will look to enter a new long, but it seems like it`s going without me for now

 

[mastacoli71]

will puke this whole position if we get above 1208. can't read a market to save my life right now

 

[Picaso]

Just in case: Bernanke giving a (scheduled) press conference in 2.5 hours.

 

[macho grande]

S@ 1202.50
stop@1206.50

now drop & roll!

 

[Picaso]

Quote from mastacoli71:

will puke this whole position if we get above 1208. can't read a market to save my life right now

 

[macho grande]

Quote from Picaso:

Will you explain what you are trying to show with this chart please?

 

[tortoise]

Quote from Picaso:

Attachment: in case it helps.jpg
This has been downloaded 8 time(s).

lol +1

 

[tortoise]

Quote from macho grande:

Will you explain what you are trying to show with this chart please?

breakout from consolidation. there's your support level/line-in-the-sand

 

[macho grande]

Can you FEEL it? The momo is over

 

[gmst]

Quote from macho grande:

Will you explain what you are trying to show with this chart please?

He is showing the power of longs, breakout!