ES Greenhorn

Discussion in 'Journals' started by retire45, Mar 21, 2009.

  1. 2 silly errors today...

    Had short order for 1766.. filled while I was distracted and quickly decided I didn't want it.. exit +1, then the tank to 1658's where I went short.. (???), covered -3. Not much harm done.. Wait till pattern (if any) builds for rest of day.. looking like junk at this point.

    Attached.. Upper TL "usually" the one broken.. which means "should" be long over 1668 heading into 1670's. There is a possibility shoulders are built in the 1690 area if we get into the 1670's.. 3 1813 heads.
     
    #281     Nov 20, 2009
  2. Let 57 go already!
     
    #282     Nov 20, 2009
  3. Getting as tight as a struggling trader.. getting ready to do something big... or not
     
    #283     Nov 20, 2009
  4. Looks like we have our break... up
    L 1761.5 stop 1756
     
    #284     Nov 20, 2009
  5. Sold 1765 (like labor!)
     
    #285     Nov 20, 2009
  6. Thursday saved the week.. Not good considering it wasn't a "work" day. Still where I was 2 weeks ago.

    +2% for Wk

    Thanksgiving week coming up, usually an up week and if Friday's low survives could be up, contrary to what it should be based in daily direction. Lots of reports though..
     
    #286     Nov 21, 2009
  7. Morning Prep..

    Looks like the TL break was BIG.. Will be trying to get long 1775 if possible. Quite a gap so "should" be possible but... 1693 area here we come?
     
    #287     Nov 23, 2009
  8. L 1687.75 out 1691 Insane..
     
    #288     Nov 23, 2009
  9. S 1692 shouldn't be fading now.. going to be a waste.. market not worried one bit about anything..
     
    #289     Nov 23, 2009
  10. Added to 1693 avg.. Hate to use the hope word but hoping 10 am report gets me out.. Should have stayed long form more than 19 seconds from the 1787 entry.. Once more the myth of price level is proved.. A price level only matters when it holds intraday.. 93 my arse..
     
    #290     Nov 23, 2009