ES Journal - 2013

Short large size 1660, stop 63, target 52-

 

Now pushing delta on the NDX to try to print it.

 

Just a suggestion, as price is faster than the time news get to you.

 

Now at 10:45 you would scratch after that program sell if it is followed by delta reversal in NDX.

 

I completely agree in terms of Setups. But I think news helps in terms of Scenarios.

 

Now at 1048 NDX delta reversal so I would just quit given time of day issues in terms of algo.

 

I spent some time this am looking at possible scenarios.

A lot of money would change hands if on September options expiration if we closed above 1690-1700. End of Quarter, end of month, end of the "Bad month."

Something to think about.

 

short 58.25

 

out 1660

 

http://video.cnbc.com/gallery/?play=1&video=3000196832