ES Journal Archive (2011)

short 1122.5

 

I guess the AH low @ 11,25 is a possibility by EOD.

Might expect it to bounce a little from the previous day low first, but I`m still choosing to trail a somewhat tight stop @ 25.

 

Yo EMG

gotta make a bank run but after that meet me at the bar and grill for mojitos

 

Paper swing trade here. Long 1122.50. Stop 1103.00

 

Now that gap is filled what is the reasoning for more selling ?

 

People sell across different time frames for many reasons that I can`t understand nor will try to understand. I just try to follow along and with a locked in profit at the initial target I don`t think that`s a bad idea today

 

covered at 1121

+20

 

I should add that while this probably may be a bottom, trend days tend to extend far longer than one might start to imagine and I don`t see any price action that indicates we are turning yet.

23 locked in. Will move it to 20 if and when we drop further

 

see if it holds, we're going into the 11-12 30 cst chop mode

 

Good luck

I'm bullish from 22 area on cash for a 10 or more point bounce


Maybe I am wrong