ESfocus's journal of ES trades

out

 

buckle up...this ride's about to get rough

 

I don't see a whole lot of enthusiasm on the buy side. Half hour after the open we'er still screwing around? That's a death knell imo

 

Short here 2638.25

 

I wouldn't be unhappy with 2620, most likely cover before

 

Just pulled up a fib from thurs low 1/3 anchored to our last friday's high.

15 min chart

38% = 2590.

In my mind, that's wholly doable. and that's conservative look at this fib, imo

 

for daytrading, i love the 15 min. best compromise b/w the too fast 1 or 5, and the too slow H1 or H4

 

daytrading must include long periods of boredom.

in the very end, we are all slaves to DEMDOWBOYZ

 

a good spot to just sit tight, lets see what they got

i'm short 38, good so far

 

sit tight...

drop back 2610???