ES Journal Archive (2009 - 2010)

On cash 1120 is a neck and the fall would set up a IHS.
This shoulder could come anywhere from 40-65 on cash and sets up a run to 1220-1230

 

Yesterday I bought the AUG put, and sold the ES no stop or limit at 1110. I have closed the ES at 1006 but not the put, and also sold most of my longer term stock long positions.

I have some negative bias on the market now, but plan to see if we can get to a higher level to short again.

 

if 05 holds

we print 09

 

lots of stops above 08


ascending triangle on the daily

9/18 turning up

 

should move on up soon,
otherwise i'll have to wait for the T-day rally for my money! lol

 

I took another short real money again although this was supposed to be sim this time. Got out 1 point of profit.

Now currently switched it to a sim trade short and I do believe the market will fall again.

The reason it was supposed to be sim is that I have been over trading and turning gains to losses, so I am going to sim after a victory for awhile to see what I have been doing incorrectly.

 

Nq doing the dirty gutter work again.

 

4
5
6


7?

 

?

 

The sim so far is making profit, and is scaling out contracts. My stop was around 1110 and my final target on this trade is 1106, but at this point the stop has moved down and already profitable trade with the scale outs.