ES Journal Archive (2006 - 2008)

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

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  1. We're at resistance here (1000/1372 ~ ES/NQ) probably a good spot to take profits.

    Most likely entering congestion/retracement.

    Looking to buy a retracement in the afternoon for a rally to new highs. All I'm seeing is HH's.
     
    #47321     Nov 4, 2008
  2. Buy1Sell2

    Buy1Sell2

    I believe that you are now running against the predominant swing trend. This is the beginning of what I described yesterday as the bounce into late 08 early 09 before downside. If wrong, never risk more than 2 percent of TLNW.:)
     
    #47322     Nov 4, 2008
  3. there is a trendline tracking the run up all its way so far! :eek:
     
    #47323     Nov 4, 2008
  4. Key level breached on the NQ. A positive for longs I suppose.

    Done for a bit here, should chop around here for the next little while.
     
    #47324     Nov 4, 2008
  5. Buy1Sell2

    Buy1Sell2

    Long with 20 at 1000.25
    Initial stop 990.25
     
    #47325     Nov 4, 2008
  6. Long here? Why not 17 points ago when you had a nice "W" @ support off an upside gap.

    Not saying you'll be wrong, since longs look to be in vogue at the moment. But the risk is defenitely higher at these levels.

     
    #47326     Nov 4, 2008
  7. ammo

    ammo

    sh 01, 07 stp, 93.75 bid, djt res 4095, usd/jpy res 100.50,cci crossover on 30 min, 91 hi on 9-9.30 period on mp, cst
     
    #47327     Nov 4, 2008
  8. JSSPMK

    JSSPMK

    I tend to agree with Buy1Sell2, as mentioned b4 daily had a wedge near big support, now we are in the BO stage, histo positive
     
    #47328     Nov 4, 2008
  9. short spy 100.23 stop hod.
     
    #47329     Nov 4, 2008
  10. Somebody is supporting the fuck out of this trendline break.
     
    #47330     Nov 4, 2008
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