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Went flat


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#1 NAV

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Posted 24 July 2007 - 08:19 AM

Took a 6 point loss on ES and went flat. ES 1532-35 is my next area of interest. I will be a buyer if i get a hourly signal out of that area. I think today is gonna be hectic. Given the small change on the MCOs yesterday, there should be some violent swings back and forth intraday. Now back to 5-min charts :D

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#2 eminimee

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Posted 24 July 2007 - 08:46 AM

I'm now all out at 1536 from 1555...taking some off on the way down Waiting for next set up...

#3 NAV

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Posted 24 July 2007 - 08:54 AM

I'm now all out at 1536 from 1555...taking some off on the way down Waiting for next set up...


Tp,

Nice trade !

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#4 LarryT

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Posted 24 July 2007 - 08:54 AM

I'm now all out at 1536 from 1555...taking some off on the way down Waiting for next set up...


Holding short from 1550, looking for 1533-1531 by EOD

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#5 arbman

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Posted 24 July 2007 - 08:59 AM

I also closed the short positions minutes ago, there will be most likely another dip, but boy can it approach to the gap at all!?!

#6 eminimee

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Posted 24 July 2007 - 09:03 AM

I'm going to try and reshort ES at 43 with a 1.75 point stop...

#7 rkd80

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Posted 24 July 2007 - 09:17 AM

I'm going to try and reshort ES at 43 with a 1.75 point stop...


ay, closed my 1551 es @ 1538. Definitely not optimal, missed out on a good 6-7 points by not reacting boldly enough.
“be right and sit tight”

#8 rkd80

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Posted 24 July 2007 - 09:45 AM

I'm going to try and reshort ES at 43 with a 1.75 point stop...


ay, closed my 1551 es @ 1538. Definitely not optimal, missed out on a good 6-7 points by not reacting boldly enough.


reshorted @ 1542.5 thats where TL is providing resistance from previous tops...
“be right and sit tight”

#9 OEXCHAOS

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Posted 24 July 2007 - 09:46 AM

Took a 6 point loss on ES and went flat. ES 1532-35 is my next area of interest. I will be a buyer if i get a hourly signal out of that area. I think today is gonna be hectic. Given the small change on the MCOs yesterday, there should be some violent swings back and forth intraday. Now back to 5-min charts :D


The sentiment says, "look for volatility!"

That's why I closed the KTT short this morning. I'm thinking short again, but the volume is funky. I'll watch for a while and see what they tell us.

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