ES Journal Archive (2011)

[bigsnack]

Quote from JoshDance:

Way to put your short hat on B!

Ha ha I felt dirty the whole time. Long entry just passed at 82.75.

 

[Laissez Faire]

Predictable bounce off 82 and also NQ at 2190.

Is the bottom in for today or are we now just retracing in a down trend? :eek:

Money to be made for those who know.

 

[tortoise]

Quote from JoshDance:

Guys, can we not talk about politics, please?

Yes, sorry.

 

[ammo]

eur

 

[Lucias]

Looking to short 87-88 with target of 75...

 

[tortoise]

Quote from Lucias:

Looking to short 87-88 with target of 75...

I think the downside is done now

 

[Lucias]

Short taken... I'm going to let it run for the day. off to do some work. Small size.. 1 lot. risk reward about $600/$600

 

[bigsnack]

Quote from bigsnack:

Ha ha I felt dirty the whole time. Long entry just passed at 82.75.

Should be able to fade a low TICK here in a second.

 

[Laissez Faire]

I`m not convinced the bottom is in as the down trend have not been negated yet, IMO. The reversal may be happening now though.. :eek:

89,75 (50%) is the first target above and lines up well with the 20-EMA. Should add that 88,75 is the opening range low and may be resistance as well.

If we trade up there, I think taking out that level and trading above it (support) is needed in order to get a confirmed long signal. Sounds reasonable?

 

[tortoise]

Quote from Laissez Faire:

I`m not convinced the bottom is in as the down trend have not been negated yet, IMO. The reversal may be happening now though.. :eek:

89,75 (50%) is the first target above and lines up well with the 20-EMA. Should add that 88,75 is the opening range low and may be resistance as well.

If we trade up there, I think taking out that level and trading above it (support) is needed in order to get a confirmed long signal. Sounds reasonable?

1184.75 is the low of today's value area, tested as europe closes. Now PPT is in the driver's seat?