ES Journal Archive (2011)

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Here is a summary of my trading this morning.

Short 1209.75 time: 7:10 pm yesterday
covered 1206.50 time: 7:20 pm yesterday

Short 1213.75 time: 3:45 am
covered 1211.50 time: 4:00 am

I know it's after the fact, but was lazy to post. Found some motivation to post so here you go.

Reason for first short was the breakage of support line that was holding price on Friday afternoon. Target was Thursdays point of control.

Reason for second short was resistance at 1214. Target was the 1 min. 50 ema.

Future short will be at the upside trend line at about 1215.50.
 
Quote from seouljah75:

Put in an order for a short at 1216.00 (upside trend line and resistance). Target around 1210.50 (support area) (or1213). Hopefully it hits my short.
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Short at 1216 Upside trendline. Target will be 1213. Moved stop to flat.
 
Quote from seouljah75:

Short at 1216 Upside trendline. Target will be 1213. Moved stop to flat.
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Oh well, last trade didnt work. Glad I moved my stop to flat. Anyways, market showing a lot of strength in the short term. Gonna wait till this bullishness runs out of steam then go short somewhere.
 
Quote from tycoonman:

eurozone is not going to fix itself.

short @ 1212; stop @ 1232; target @ 1100 ~mid-jan
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As long as you hold your stops you won't get hurt too badly. I pretty much have a short bias in this market as well but has burned me time and time again. The last 2 weeks of Dec are not a good time to be holding a short.
 
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