ES Journal Archive (2009 - 2010)

Buyers cautious after yesterday's trap, but Treasuries at their lows.

 

we have a 7.5 point gap above yesterday's close and this means buyers are cautious????

 

wed and thurs whipsaws , maybe fri too

 

I stand corrected.

Meaning buyers cautious <i>after</i> the PCE and PI reports <i>when compared to</i> yesterday's frenetic buying after GDP and claims.

 

1161 spx a possibility,we don't have to touch but we have been whipping a lot lately

 

Long 1144.75 3 tick stop

 

took 2tick loss.

Short 1143.75 3tick stop

 

3tick avg gain

long1143.50, quick +1 and +2, still one on.

(Edit: b/e on the last car)

 

Hey Vol
just wondering how you did that. Rule of 10?
1132 from yesterday? Thanks

 

Sorry for the late post, messed up on the screenshot capture...

Long 44 at the first announcement, 3 tick prof avg.

Short 1141.50 on the first rebound of the 2nd announcement,
+1.25 avg.

Action too quick, screenshot attached ...