ES Journal Archive (2011)

Orders to buy at

26.5

24.5

22.5



stop is 20



Target is 34

 

Looking at some longs in this area (25-26) for a small counter move.

Waiting for the gazelle to come a little closer. :]

 

Long ES 24.50 2 cars

Looking for +10 and +20, after +10 stop to BE

Stop is -5

 

Made a dom error, cost me 1 tick.

Long 25, 3 cars, same plan, last car no target.

 

Alright, I was wrong by 4 pts when picking the top. We finally dropped below the SMA 9 and so far we had a 22 pts downmove in the futures.

Watch the Williams %R on the daily to determine when to go swing long....It is excellent for entering WITH the trend....

 

that must be a bummer... touched 20 did u stop out?

 

It will take a few days at least before %R bottom out.

Good call on the top - op ex pushed the settlement price to the round #s to mess with most, can't blame yourself =)

 

what if they create a gap here that doesnt get filled for months...

 

Then there would be an unfilled gap for months... Did I get it right?

Gaps can stay unfilled for months/years, there are upgaps left over in last Aug and Nov-Dec.... At least on the NDX... The year's first trading day upgap is still unfilled...

 

Good Morning Traders!