ES Journal Archive (2011)

[noone3]

Quote from noone3:

ok my thoughts are: bid 92.5, risk: 2 points, tgt new highs
just got the fill

out tragically

 

[JoshDance]

bought 90, stop 88

 

[ammo]

Quote from tortoise:

intraday, trannies are, again, lagging (or leading, depending on your p.o.v.) to the downside...



[edit: i suspect we'll get a pullback here to the 1190 area, question is whether that will be the springboard > 96.25 or whether that be the trap door to last week's tues/wed gap.

i'd be leaning springboard but for the trannies]

[edit2: watch 83.50ish on IYT -- djt etf]

retraced the entire move,very nonconfirming for the dow

 

[ammo]

iyt

 

[zjulian104]

Has anyone here actually been drug all over the place in a buy stop gone wrong? Or, by and large, do you hit the bid and ask limits and/or exclusively use market orders?

Entry against at 100% retrace. That's risk, boys!

 

[ammo]

because of the programs,you are better off keeping stops outside of ranges for worst case and watch and trade using mental stops

 

[JoshDance]

Quote from JoshDance:

bought 90, stop 88

stop to 89.75

-- a move down below 89 seems like it would revisit LOD, don't want to be long at that point.. would love shorts for the day to have their buy stops taken out around 1200, target 1204

 

[tortoise]

Quote from ammo:

iyt

it's weak

 

[JoshDance]

Quote from JoshDance:

stop to 89.75

-- a move down below 89 seems like it would revisit LOD, don't want to be long at that point.. would love shorts for the day to have their buy stops taken out around 1200, target 1204

stop hit for -0.25

 

[ammo]

triple nip ,it needs an extension tail