ES Journal Archive (2011)

[gmst]

Quote from gmst:

out at 1247.5 for a 0.75 point loss,

now short 1247.5, target 2-4 points

short 1 more at 1246.

 

[JoshDance]

considering just buying 43.50 with a 4 point stop, and being done with it.. if it goes south of 40, longs are very toast IMO

 

[ammo]

maybe supp may be temp 68-44 pretty nice dump , vol spike

 

[JoshDance]

Quote from ammo:

maybe supp may be temp 68-44 pretty nice dump , vol spike

That price is 43.50. Previous week's closing price. In my view, line in the sand for bulls.

 

[JoshDance]

I think she needs one more drop ... that lone concentration of volume is probably not enough... maybe a point lower, then a move up, if the scenario plays out.

Buy limit 43, stop 40
EDIT: nah, cancel this.. this is what I THINK, I need to be trading what I see.

 

[ammo]

trans ledge small but..

 

[ammo]

eur tl pop again small..

 

[Picaso]

Quote from JoshDance:


EDIT: nah, cancel this.. this is what I THINK, I need to be trading what I see.

Don't we all?

 

[JoshDance]

A lot of sellers waiting at 49, but did they just get trapped? I suppose we'll know soon.

I just joined them, short 49, stop 51

 

[gmst]

price at 20 EMA and 50%....good point to sell, for a continuation of trend down