ES Journal Archive (2011)

[gmst]

short 1231, could be a bit dangerous, but i will take my chances.

 

[satchel]

Quote from macho grande:

waiting her for that one big long 5 min bar downdraft for my sig

days like today love those exhaustion bars

didn't you already get that bar? : P it's mac-chop-em-up day. no greed and eat fast.
play damn range 1227 to 1241 chop up chop down

maybe your bmi too low

 

[iloveoptions]

Quote from iloveoptions:

Still short from 1234.75, but I won't be adding any further. Stop at 1240. I'll be targeting 1226.75 and reversing long there with a stop at 1220.

I lost 5.25 points on this trade because I listened to LF's preaching why you should never add to a "loser".

 

[tortoise]

nothing to the upside has meaning until/unless we clear 37.50

 

[bigsnack]

TICK looks bullish to me at the moment, but this is something to be aware of for longs.

 

[Trvlwanderer]

spx struggling against that 50%.....eur standing still....finnies may lead this leg though

 

[satchel]

go 1227! boooyah.

EDIT: I posted my intentions at 1227 when we were falling from 1235. +5 points long side, peeling off here and protect stop rest, it's chop-em day so eating fast.

 

[bigsnack]

Quote from Trvlwanderer:

spx struggling against that 50%.....eur standing still....finnies may lead this leg though

Looks like it's gonna get smashed.

 

[Trvlwanderer]

Da trannies (dow trans index) back to green and leading the push. hmmmm....

 

[JoshDance]

Quote from iloveoptions:

I lost 5.25 points on this trade because I listened to LF's preaching why you should never add to a "loser".

Shorting 34 and enduring a 16 point drawdown with probably lots more actual risk attached, and holding for a target of 8 points IS a loser, even if you win the trade. Winning these types of trades is called being lucky. Be thankful you only lost 5 points with such a bad entry. Either way, you shouldn't listen to someone else's advice, and especially not use it as an excuse for a loss, as you are the one who took the trade and the loss.