ES Journal Archive (2011)

[ammo]

there's also a megaphone,the cleavage above is 45-51,we already pulled back to the 27 ledge midday,these nips and cleavage work so well that when they don't you really get burned

 

[PushPull]

Quote from JoshDance:

Sell at 24 was dumb, but bought at 22, when you were saying it was not oversold. Makes sense to buy at 30 if 33 looks in play, which it did to me at the time.

Interesting, as in good interesting. Nice trading. Pat in the back?.

 

[Mushroom]

Quote from ammo:

vol spike

During the last rally up there were big fake orders on the ask that were lifted when price came close 5 times (at least). Then price quickly pushed through. Could a single institution create that push down around 15.40 and then start buying and more or less move the whole market? I'm probably reading in to much in those fake orders . But maybe someone who is experienced at reading the tape could explain?

 

[ammo]

if gs or jpm/chase go into the pit with a 2 or 300 lot b or s,the locals back off,so yes

 

[PushPull]

Quote from macho grande:

flat @ 1330.50

phew..what a day

Nice timing there Mr. Grande. On some of the buys too.

 

[Laissez Faire]

Quote from tomahawk:

It was a good level though, wasn't it?

Yes, it was and one that makes sense as well, so I will add it to my toolbox for the future.

Thank you very much.

 

[tomahawk]

Quote from Laissez Faire:

Yes, it was and one that makes sense as well, so I will add it to my toolbox for the future.

Thank you very much.

You're very welcome. Really I should've just called it a fib level (a slightly less common usage-?) from the start.

 

[zjulian104]

Intermediate (fiscal quarter): 30D VWMA $TICK
Near-term (spot;front) 10D VWMA $TICK

Intra-day: 10 VWMA $TICK/5M
Spikes/noise: 3 VWMA $TICK/5M

Instant (233T 5SMA over 15SMA)
Indicator (MACD:6.19.9)

Spreadsheet: Proprietary

Semi-annual: bulls bought Oct. 10; conservatives scaled-out spot/forward Oct.18; but quickly re-entered on fundamentals Oct. 19.
(housing leading). New housing numbers this week
(forecastutperform).

Intraday: sell-off mid-week after housing rally to test support 1218-1206 after a stall on a second stop run at 35 bear stops placed last spring. The week closed on strength, to bulls favor. 85 is a sign of weakness long.

Outlook: Bullish to near 50.

SAR TRADES: When I place, recover, or cover a trade times are all that will be showcased. Entries are precise; numbers then are redundant; and my charts aren't what I want to clutter in cyber-space.

Example: Long 12:25 PM; this passed Friday's action.

CLOSE EOD

Follow.

 

[Laissez Faire]

Quote from ammo:

Add 34.5, will hold these over the weekend.

Quote from Visaria:

I bought one Dec contract in another acct, buy and hold till expiry. The weekly chart looks like a double bottom with a breakout of the range today.

It will be interesting to see who ends up paying who here.

From the current headlines, it does however seem that both will have the opportunity to change their mind at roughly the same price as they entered when the casino opens in 2 hours and 38 minutes. Should be an interesting week, this one.

 

[JoshDance]

So far bullish, rejected at Friday's VAH (34.25), finds support at current VPOC (29.75), will be interesting to see what happens at this point.