ES Journal - 2012

Discussion in 'Journals' started by Buy1Sell2, Jan 1, 2012.

Thread Status:
Not open for further replies.
  1. Until we get a clean trend line break or a break of a key level, I think all short signals from here are traps.

    35 should be a given from here.

    EDIT: 35,25 is also R10.
     
    #15311     Dec 18, 2012
  2. yup
     
    #15312     Dec 18, 2012
  3. Are you defending your position or are you actually bearish?

    Based on your prior post, you seemed very bullish, santa claus rally, good macro numbers, etc?
     
    #15313     Dec 18, 2012
  4. S 1432.00
     
    #15314     Dec 18, 2012
  5. 32,50 is the high of last week though.
     
    #15315     Dec 18, 2012
  6. Out 1432.00
     
    #15316     Dec 18, 2012
  7. Pita

    Pita

    painful being flat and watching grind up but we have resistance 32.50 (last weeks high) so either a pullback below 30 or a really strong break of 32.50 will get me back in long. Should have hald that crap after nice inital entry but yeah who could really know
     
    #15317     Dec 18, 2012
  8. gmst

    gmst

    Defending my position.

    Bullish on daily basis, but here for an intra-day trade, short seems to be the correct trade - don't want to lose my short position, so adding.
     
    #15318     Dec 18, 2012
  9. If only we could have traded yesterday's chart in hindsight. :p

    I`m also flat, down 3,5 this morning.

    Also considering a long, but in my opinion the problem is that if we top out here it may not be a pullback, but a reversal.

    Maybe I'll take a pullback to 32-33 to go long if we go higher. Not really sure.

    EDIT: Stastically, we're way due for a pullback here at 8,5 points straight up, but it may be different at a key level like this. Maybe we need to print R10 at 35 first for a pullback to 32? Then up we go?
     
    #15319     Dec 18, 2012
  10. Pita

    Pita

    man I really hope you are still paper trading, no pun intended
     
    #15320     Dec 18, 2012
Thread Status:
Not open for further replies.