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Catching Big Waves - a trader's journal of surfing the the markets


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Catching Big Waves - a trader's journal of surfing the the markets

  #2771 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
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Posts: 6,462 since May 2011

net 64

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Can you help answer these questions
from other members on NexusFi?
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Trade idea based off three indicators.
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  #2772 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

ES hitting it early

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  #2773 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


1284.50

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  #2774 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Net 71... tough tough. if I were trading more than 1 contract... I just don't like today.

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  #2775 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
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Posts: 6,462 since May 2011

It looks like this rally is being used to exit.

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  #2776 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
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Posts: 6,462 since May 2011

But, there is no way I woud short it right now. I am stuck. +72

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  #2777 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
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Posts: 6,462 since May 2011

I have bene watching for an ABC to the upside, but may instead get one to the downside. Target area 85.50ish, but this is just getting eaten up. Brer Rabbit day. That one makes me laugh. Wonderland, Brer rabbit, dance partners...

"Oh PLEASE don't blow those stops overhead!"

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  #2778 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011




I have a meeting at 12pm. As is normal lately, I would be at goal had I traded 3 contracts steady, but when the retrace hit harder than I was wanting, I backed down to 1 contract, and have been chunking out tiny moves, each time expecting the push higher, and each time seeing them just salivating over selling at 84.40.

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  #2779 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

1285 never made it, and technically, the line was 1283.75 - 1286, so 1284.50 may be all ES gets. IF that is true, look out below. That could represent completion of the corrective pattern. But, right now as ES tests support at 1279, what trade is there? Long? Tough call.

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  #2780 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


ES reacted at 1279. lol! Oh man, making me tired.

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Last Updated on May 23, 2014


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