S/R Emini Journal

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Howdy Guys,
Well it sure is nice to be back in the Great Republic of Texas. Back to the normal routine anyway. Here are my numbers for tomorrow. Hope everyone has a good trading week this week.

Long 1286.50-1289.50

Short 1279.50-1273

Gary
 

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Quote from 4re:

Long 1286.50-1289.50

Short 1279.50-1273

Wow, excellent line drawing there.

Support's gonna come in very strong (at least the first time around) on this one.
 
What a crappy way for me to start the week. Based on the reversal off the Bollinger bands on the 15 minute chart I got out with minus 1.25 points on this trade. I hope I didn't exit too early.
 
Quote from 4re:

What a crappy way for me to start the week. Based on the reversal off the Bollinger bands on the 15 minute chart I got out with minus 1.25 points on this trade. I hope I didn't exit too early.

All the Pivot People are looking at 1280 as their main support, once it breaks this thing is gonna take a tumble, so I'd just go for twice the points.

Short @ 1279.50

Best,

Jimmy
 
Quote from JimmyJam:

All the Pivot People are looking at 1280 as their main support, once it breaks this thing is gonna take a tumble, so I'd just go for twice the points.

Short @ 1279.50

Best,

Jimmy

I am back in short at 1279.50
 
Quote from 4re:

I am back in short at 1279.50

Heh, I had to eat it.

Market is still going to hold while the institutional money off-loads their contracts ...

When I go back in I'll probably Martingale rather than look for extra points.

Later,

JJ
 
Quote from 4re:

I am back in short at 1279.50

I am out, that makes 2 busted trades. One for minus1.25 points and one for minus 2 points. I am out and done for the day. Boy that sucks...
 
What a head-fake!

Damn, these guys are better than MJ ever was (they have much more lasting power).

Reshorted at 1281.

If this one blows, I'm getting some breakfast and checking you later.

Jimmy
 
Quote from 4re:

Boy, the market sure didn't welcome me back with open arms today. Did it

There is nothing about this market that currently says "Buy", I'm holding my shorts and letting it screw around as much as it wants to.
 
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