ES Journal Archive (2011)

DEMTDAYBOYZR$ ???

 

http://www.elitetrader.com/vb/showthread.php?s=&threadid=64965&perpage=6&pagenumber=17215 this chart is playing out like a charlie daniels fiddle,now back to cleavage 1303-98 and then to 1275

 

The downside of adjusting your price order is that price never fills you

 

I had a short at 23 and then got spooked and closed it at 22.25 and now I see 18 - darn

 

Still in scalp mode, not trusting the upside for too long due to semi weakness.

 

Ok, bidding 16.5 for a small long order. Remind me not to adjust, lol.

 

Well last week after the dip at this time it went back up for the HOD at 15:15CT plus =7.75 to the low of 13:36

so if the low just now of 1317.50 and if +7.75 then that pushes it back up to 1325.25 around the close.

- though I'm not going long LOL

 

Was up over +$200 and added to my position at 1321. Now I'm only +$60. Looking for 1322.70 minimum.. questioning my add now. been adding all day and taking off at next resistance while leaving some to run.. just hoping we push up to 1322 again with no more heat.

 

16.50 might be perfect! Good luck!

-7 from 23.25 is 16.25 (last Tuesday)

 

While I think we still have a shot at 1325, I don't think the trading crowd will paint the charts with repeatable patterns that easy. But if they do, I hope I'm on board