I put a handful ES on between 1084-1085 right in front of the close. Now I'm looking at it and thinking it was a dumbass thing to do. Thinking about putting on a forex hedge.
I am holding a longer term ES SHORT position with a 1109.75 cost basis, but I will take a look in separate intraday trade accounts playing any LONG set ups signaled after the EU starts trading tonight. Reason why...... http://www.elitetrader.com/vb/showthread.php?s=&threadid=183854&perpage=6&pagenumber=3
Looks like the SPY has a little trouble at the 111.50 area and I bet the ES doesn't look that much different. Not that I'm calling a top, but it pays to be aware of these zones and be defensive accordingly. It could have some weight for the longer term. http://www.trendarchitect.com/blog/2009/11/reaching-pivotal-decision-point-in-the-sp-500/
amt4sa you're freakin pathetic. every trade you ever list is always after the fact before a drop. TELL US ABOUT THE 100'S OF TRADES YOU'VE BEEN HAMMERED TO DEATH ON TRYING TO SHORT THE PAST 6 MONTHS.NAH NOT A WORD ABOUT THOSE. RUN ALONG MOMMA'S GOT YOUR TURKEY DINNER READY IN THE DOUBLEWIDE TRAILOR.
Sorry but I have not had a losing longer term trade these past 6 months. This recent longer term trade selling 1080's up through the 1112's for several rotations now has worked out exceptionally well these past weeks. I have been getting paid very well while dynamically cycling positions and taking profits as I hold a core SHORT position (just as I did when we ran down to the 1012's and scored rather well). MANY who actually follow my exact trades on a daily basis know exactly what I am doing....sorry that you are stuck in an emotionally reactive negative state this Thanksgiving! Enjoy the holiday and relax...just because you seem stuck LONG should not be a reason to choke on your turkey!!!
Ftr, AMT used to post some trades in 1R's room and he was usually on the right side. Correction: Maybe it was Barrons ET Chat. But anyway, he was usually right on his calles in RT.