ES Journal - 2016

Helps to have lube ready, just in case.

 

I'll get some ready when we start testing critical support.

- 200 day MA
- 50 day MA
- gaps at 1960 and 1860

 

Tight stops with full position on are a better bet in the long run.

 

http://speedytradingservers.com

Found this.. For those who want to set n forget. Tailored for retail auto trader..

 

From the chatroom:

Buy1Sell2: Long 2024.50 Initial stop 2010.00 ES
Buy1Sell2: Still long here with same stop
Buy1Sell2: Still long here at 2032
Buy1Sell2: Stop raised to 2021.50
Buy1Sell2: Out at 2036.50 for 12 pt gain

 

Deutsch Bank hinting at upcoming trouble .. It failed to rally with the spike up.

 

i might be wrong, but you seem to carry a lot of these types of day trades until the close, any reason today you didnt?

 

Certainly, but I wasn't able to continue watching today so I took the 12. That's historically a good piece of the day.

 

makes sense, nice trade!

 

all the reasons to be short are gone...still a weird feeling, its like the twilight zone. There are real world ominous signs, but reality doesn't seem to matter. Who would still be short in this market.