ES Journal Archive (2006 - 2008)

Discussion in 'Journals' started by Buy1Sell2, Mar 2, 2006.

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  1. Buy1Sell2

    Buy1Sell2

    Bounces are common in markets. I have a little longer timeframe and so will stay short.
     
    #23601     Nov 13, 2007
  2. Taking profits on 1/2 of my long position from 1442 here at 1459 for +17.

    EDIT: Out of remainder at 1460 for +18. Probably shout have let this run, but I'm seeing us so overbought here (too much, too fast) and right at the top of my price channel that I lost my nerve.

    Okay, Apex, you can go short now. :) :)
     
    #23602     Nov 13, 2007
  3. Not a chance. I'm not worthy, I'm not worthy.
     
    #23603     Nov 13, 2007
  4. candles

    candles

    You were right, lol.
     
    #23604     Nov 13, 2007
  5. avarus

    avarus

    mbusch, I must say your trading skills have improved greatly. You've made quite an improvement.
     
    #23605     Nov 13, 2007
  6. Wave I must say your posting skills have greatly improved from the days of you only being able to make appliance noises. :D
     
    #23606     Nov 13, 2007
  7. Thank you for the kind words, sir.
     
    #23607     Nov 13, 2007
  8. avarus

    avarus

    LOL,, i agree.
     
    #23608     Nov 13, 2007
  9. Watch for a possible failed retest of 1463. If bearish divergence accompanies the resest, could be a nice shorting opportunity coming up. That 1463 paint sure has the look of a blowoff top...massive volume, big top wick on the 15-minute candle.

    EDIT: Of course, if the retest fails to fail... :)

    EDIT: I'm seeing bearish divergence on 1-, 3- and 5-min charts, but not 15-min or 5000-bar charts. A little ambiguous here.
     
    #23609     Nov 13, 2007
  10. romik

    romik

    <img src=http://www.lukechueh.com/images/paintings/paintings-whole/Bear-Trap.jpg>
     
    #23610     Nov 13, 2007
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