ES Journal Archive (2011)

Discussion in 'Journals' started by Buy1Sell2, Jan 3, 2011.

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  1. Short 2 at 77.25

    Stop 85.25
     
    #10881     Aug 26, 2011
  2. There are 3 or 4 posters/real traders worth reading and you are one of them. And I meant everything I said about that you could be great if you control yourself. That I misread your "plug and play" that was cleared up. Keep posting.:cool:

    tip: when you aren't prepared and/or 5' volatility/ATR shoots up, like today, cut your size in half or even more, hard if you are a 1 contract player, but you can do 100 SPY which is 1/5 th of the risk, or DIA which is even less.:cool:
     
    #10882     Aug 26, 2011
  3. volente_00

    volente_00

    I see 80-82 cash as the top for today


    but I am wrong 20% of the time
     
    #10883     Aug 26, 2011
  4. The more interesting question is whether SPX stalls from there by 10 to 15 pts, isn't it?

    ES 76-77 prev week close rejecting the rally can drop ES back down to prev week midpoint.

    =)
     
    #10884     Aug 26, 2011
  5. That is quite a stretch as that is 40s.

    So a drop to current week midpoint makes more sense.

    =P
     
    #10885     Aug 26, 2011
  6. Looks more like 90+.

     
    #10886     Aug 26, 2011
  7. Nice work FoN!
     
    #10887     Aug 26, 2011
  8. If not month end op ex coming up, that looks like the target.

    So many OTM longs on options made are now deep ITM, MMs will at all cost crash the mkt.

    At least containing the rally to a down week so that next week we start with sell off and crush those options.
     
    #10888     Aug 26, 2011
  9. ammo

    ammo

    that tl is 80 and the nip is same area,high volatility ,see if it reverses
     
    #10889     Aug 26, 2011
  10. ammo

    ammo

    that could be a bear flag or a bear rectangle,break of 80 -83 area we could get 1202 area
     
    #10890     Aug 26, 2011
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