ES Journal Archive (2011)

[chaykapwr]

Long here stop 1258, target is trend day up

edit* this is a very small size if it works or doesnt because i am working new strategy which might be added to my toolbox later

 

[gmst]

Quote from chaykapwr:

Long here stop 1258, target is trend day up

Its very early in the day and you already identified that its going to be trend day up !!! Will you explain to us newbies here what you saw.

 

[JoshDance]

Quote from Visaria:

Actually, they are referring to the cash, which did go up after the news simply because the cash doesn't open till 2.30pm.

True; however the implication is that the news caused the market to rise, when in fact the news was after the market had really had its peak, and it only fell from there...

 

[JoshDance]

Indecision from the start -- rejected Friday's (and last week's) high, but not willing to go much lower yet.

 

[ammo]

sh 60 scratch

 

[ammo]

nip 62-64 tl 63.75-4.25

 

[macho grande]

once ES prints 59 all hell breaks loose? :eek:

 

[JoshDance]

will look to go with a decisive move out of this 59 - 60.75 range

edit: forgot ISM in 6 mins, maybe not :-/

 

[ammo]

sh 62.75,63

 

[JoshDance]

ISM non-manu. PMI 52; forecast 53.6 -- lowest number in 2011