ES Journal Archive (2011)

Curious how everyone did...I only got in after 13:00...5 trades, 4 short, no losses. Total of 34 points per contract.

 

Hope everyone who anticipated this down move is benefiting. I'm not much for catching a falling knife, but If I were to be that brave, 1030 looks good.

 

Well this doesn't count for log purposes and therefore not valid. I netted only +8.25. Thought go short, then said nahhh can't go any lower than this.

 

Agreed, this is an anamoly. I waited until after lunch so that things could settle out. The only long trade I had was after Obama spoke.

 

It's a good trade, IMHO. That number is 100% off March/May.

 

Stop?

 

Can you tell me where I can find this 1196.50 fantasy short entry you made ?

 

You have to buy when there is blood in the streets



I'm long from average of 1104


stop buyonesell2 style at 1054


Target is 100-140 points


will add at 1091, 81, 71, and 61

 

It had to be an overnight position.

 

IB is going to raise margins tomorrow. At this stage, it could actually create a short squeeze.