Monday, February 12, 2007

ES Opens Flat

10:45pm Waiting for a challenge of Oscillation Resistance to go SHORT.
10:50pm Trying an aggressive counter-trend trade.
10:52pm LONG 1440.50 / STOP 1439.50
10:53pm Maintaining tight STOP. Moving Stop to 1440.00
10:55pm Out at 1441.00 / +0.50pts.
10:56pm High-risk trade. Take whatever profit it gives...
10:57pm SHORT 1440.25 / STOP 1441.25
11:00pm PRICE still heading down.
11:01pm Moving STOP to 1440.50
11:07pm Out at 1439.00 / +1.25pts
11:09pm Matched PRICE bottom...signs of weakness in the downward move. Let's see if we get a Minor PPF of Support for an unconfirmed bottom to go LONG.
11:14pm Attempting aggressive LONG with a Buy-STOP at 1439.75
11:15pm Buy-STOP activated. LONG 1439.75 / STOP 1438.50
11:17pm Typo : Have corrected it. LONG at 1439.75 and NOT 1439.50
11:19pm PRICE should reach at least 1441.00
11:22pm Out at 1440.50 / +0.75pts.
11:25pm Potential Minor Bottom. Looking for a Minor PPF of Support to go LONG.
11:31pm LONG 1440.25 / STOP 1439.25 - TREND Chart turning up.
11:34pm Oops. Matched PRICE Top - Weakness in the upmove. Will watch this LONG trade carefully.
11:35pm Out at 1439.50 / -0.75pts.
11:37pm Hmmm...got hit by a fake-out. Will attempt another LONG & call it a night after that.
11:41pm Potential LONG signal setting up.
11:42pm LONG 1440.25 / STOP 1439.00
11:44pm 1st Target for this LONG is 1441.25
11:45pm Moving STOP to 1439.25
11:47pm Man, that was too close for comfort! Phew!
11:47pm Hey, I'm still not out of the woods!
11:51pm Out at 1440.00 / -0.25pts. Can't take the gyrations...
11:52pm I'm done for the night. Have got some TV programmes to catch up on. LOL. 5 Trades. 3 Winners / 2 Losers.
11:57pm PS. It looks like we are not done going down...Watch out below!

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