ES Journal - 2013

hope someone took that advice! was a bargain there on that drop.

 

I'll wait till things are on sale around 1575.

 

moving my target up to 1668. Looking very strong. Would like a +16 points profit today for this trade

 

s 57.25
stop 59.25
t 49

 

Filled. 1651.62 is my avg. One more add and I'm done.

 

Thanks for clearing my head. I was getting a little complacent about the long side, but your posts jolted me awake...just in time

 

Alright man, hang in there. Even if you end up taking a loss on this one, you still made a lot of money with your previous positions the last 12 months.

 

holy crap im rich$#@!!$

:]

 

Intensity of the move up today was extremely surprising. However, NASDAQ just stayed put whereas ES rallied massively. Something had to give way.

The way ES is correcting now, its clear which one was right.

I am not sure if ammo will come out this trade winner or not, however I am 90% sure that ammo will definitely get an opportunity to get out at scratch if he wishes.

Also, I can't believe for my life that 3000 in nasdaq will not act as resistance. It has to - if not for a 200-300 point correction, at least for a 50 point correction.

 

Fear of losing money should bring in some selling. Also, the beauty about were the ES is in the mid 1650's, you don't need more than a 2% pullback to get back to even in ammo's case or make money for shorts, because that would equal 30 some points in movement.