ES Journal Archive (2006 - 2008)

I think it shot its load at 1465, next stop 1460..

 

...volente.... are you seeing a new low in the works ?

-----------------
volente
1463.5 cash is where we stall

 

notice the outlier green trendline coming from above. Vested interest, goal might be to ride the 1st green trendline down on 60 minute.

 

No you may not, at least not until I make some profit on my short from 1464.50 (6-tick stop).

 

did you get stopped out on that one, mb? seemed like there was a little pop that might have taken that one out....

 

No, not yet! :eek:

I entered my short after that pop.

That's not to say there couldn't be another pop. Still too close for my comfort until we drop a bunch more.

I decided to go short only after seeing two consecutive confirmation bars on the 15min chart.

EDIT: We have to get below support at 1462.50 for my trade to work. Otherwise, Vol will get his wish.

 

it seems the MM's who ran the stops during european session are unloading it at those trendlines.

 

More short term bearish signals in DAX ImO right now, 10 and 15 minute charts.

 

..was up all night, getting cabin fever.


..a recursive loop might develop during the day where, people who don't believe in the price action short, and shorts continue to fuel it higher till the shorts embrace the bull, then the bears make a gimp out of the bull.

..gona go for a drive, laterz.

 

NOW I'm stopped out.

Gonna make breakfast. It's Vol's turn.

This market is super slo-mo. Maybe Spec has the right idea...