ES Journal Archive (2006 - 2008)

exit 42, shorting now 42-43, stop 48 target 25-

 

short 37.25 stop 843 edit stop to 37

stopped out +1 tick

 

Good call! As for me I wasn't quick enough. Short @ 38.75. Stop over 50. Will hold until tomorrow.

 

42-48 is also the bottom of the daily chart down side triangle which break down 2 trading days ago.

That is also 20 days lowest low break down, if retest of this level fails to hold up today, new low in no time.

 

Would like to see a rug pull down to 804-12, pa suggests it but was it obama effect or real deal.

 

We reached 825, did you get out? I assume you adjusted the SL....

Nice 2 calls by the way....

 

scaled out all but one over 28, got a case of the greeds after no fill at 25. if we get good pa on smaller time frame here at 35.50 will add to short.

 

Nice trade, especially like your honest about the 25 no fill, something not seen often in an internet forum.

Very accurate call, thanks.

 

Lately, the intraday S/R hasn't been working very well. I can understand how you came up with 25, which was the low 4 days ago, but technically speaking I would think the support is really at 20.75. BTW good trade (but ya don't need me to confirm that )

 

Consider that as second target, but need to see how it breaks here.