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Quote from wildshoe:

short /ES at 1153

justification: indicators have been screaming at me for awhile, hope i'm not too late, just didn't trust the price till now

my stop is somewhere around 1154 or 1155
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out at 1150, steams running out

P/L (points): +3

thoughts: wish i got in on this one sooner, i think im going to wish i stayed in this one, but markets moving fast the other way (volume, momentum indicator wise)

i liked the entrance on this, im not thrilled about the exit yet...the heiken ashi trend is stilll holding on the 5,15,30,60minutes so I probably got "scared" out of this one
 
Quote from wildshoe:

short /ES @ $1205.75

stop is somewhere around 1207, if I get stopped out I'll probably be looking to re-enter
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that trend was lackluster....

reversing and going long at $1205.5


P/L (points) = 0 after commission/spread/etc
 
Quote from wildshoe:

that trend was lackluster....

reversing and going long at $1205.5


P/L (points) = 0 after commission/spread/etc
More...

went short at $1205.75

current price is @ $1196.5, considering closing out for the night....


despite all this bearish news the markets keep rallying, otherwse I could leave this position up all night without much fear, I blame the algos!
 
Quote from wildshoe:

short /es @ 1198.5
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still sitting short at 1191.5, slow and steady, these are the easy ones to sit out

1hour momentum just crossed below zero, kaufman efficiency ratio is about to go sub -20, and stochastics look like they're about to unwind and generate sub 50 sell signal



i -THINK- we're either going to see a correction possibly to 1200 or even 1216 if it's strong enough

OR (more likely)

we're headed to to the next significant support, 1185/1184



hopefully the afterhours traders will make this happen, as I suspect during RTH the algos will kick back in and send us back into an uptrend
 
Quote from wildshoe:

still sitting short at 1191.5, slow and steady, these are the easy ones to sit out

1hour momentum just crossed below zero, kaufman efficiency ratio is about to go sub -20, and stochastics look like they're about to unwind and generate sub 50 sell signal



i -THINK- we're either going to see a correction possibly to 1200 or even 1216 if it's strong enough

OR (more likely)

we're headed to to the next significant support, 1185/1184



hopefully the afterhours traders will make this happen, as I suspect during RTH the algos will kick back in and send us back into an uptrend
More...

looks like we did head down to support at 1184/1182 but then got jacked up by the bulls to 1194 where we are sitting now, this is an important point, we'll either revert to the mean or continue the downtrend, the latter is preferable, but i am willing to breakeven on this trade, if it wasnt meant to be a good trend in the first place.....going from 17 points to 0 hurts, but its okay
 
Quote from wildshoe:

looks like we did head down to support at 1184/1182 but then got jacked up by the bulls to 1194 where we are sitting now, this is an important point, we'll either revert to the mean or continue the downtrend, the latter is preferable, but i am willing to breakeven on this trade, if it wasnt meant to be a good trend in the first place.....going from 17 points to 0 hurts, but its okay
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broke even at 1198, that is depressing :(
 
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