ES Journal Archive (2011)

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Quote from ammo:

just personal bs but i wonder if slow low volume the big boys get short in the 55 area all afternoon,then run it up take out the stops,add a little to there position ,having already garnered the bulk lower so they didnt have to share then drop and collect

Yes, 54 to 58 is not a surprise even though they bought plenty of ZB's. It has subsequently gone back up after it 'tipped' me out at 144'10. ES could fall back to around 44-48 without too much trouble,unless the ZB rolls over.
 
Quote from satchel:

long atm, looking to exit, then short, then ES goes to 1280.

from the open. ES & NQ
never exited the long, trend indicator up never cleared and my setups/systems wanted to short the 11am 1255 - nixed that. watched the ascending triangle build as volume eased (which is the pattern).

so just sat tight.

hope everyone had a successful day. do not eat like a bird and poop like an elephant (or drop a bucket of paint on your workstation). tomorrow tax volatility and the bears can have some fun.

peace

p & L not a chart
 

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