ES Journal Archive (2009 - 2010)

1136.25 is gap fill

 

Short 1137.75, quick +1, b/e stop, just got +2, b/e on last.

Avg +1.5

Also see a couple small losses trying long prior at s/r point ...

 

Taking off for my run. I usually trade only the first hour, like a certain distaff trader once said.

We're sitting on some daily support from January, Might be a decent long around here at 1136 (I'd wait for an inverted h&s to enter, fwiw).

 

have no info on how it works ,but 1st of month some new 401k money comes in

 

any candle guys or girls here, is this a bottoming tail, and is to early in the day to take notice

 

trans touched this lineat 4483,the dates are equivalent to the 1130 spx line

 

trans

 

I have a feeling that it's a bear flag being drawn. Want to long but if this flag gets realized the drop's gonna hurt.

Made some dough but lost it catching a knife (I forgot about the gap and went long mid-fall).

 

If oil stays above $80 - very difficult to sustain the rally. It may be possible if US$ continues to devalue and inflation wakes up. Anything's possible over the short term with wankers at the helm.

 

R10 gap below and right shoulder on cash at 1150. Made money but entry could had been better.