ES short term trading 2-23-11

Long time followers probably remember this ,as i am a student of history!...

out one at 1316.00,plus 1.75 there,now up 3.25 on the day, and holding the runner for 1318.25 (expecting 1319.50 and eventually 1324.50!)

!@#$!@$ ..i had raised my stop to 1312.25, and got stopped on my runner..loss of 2..up 1.25..again!

Originally posted by koolblue

!@#$!@$ ..i had raised my stop to 1312.25, and got stopped on my runner..loss of 2..up 1.25..again!

btw, next good support after 1312.00 would be 1308

This market must find support here at YD's low of 1310 or else we could be witnessing something larger to the downside.

Notice on the VWAP chart prices finding stiff resistance on VWAP. The speed of the reversal has me watchful for downside surprises and TICK action will be a definite clue as to what side of the aisle has control here today.

will exit both at 1310.75-1311.00

wow..fast anf furious!..just da way i likes it!...out both at 1310.75/ plus 2.5 on each@! now up 6.25...watching!

koolblue,

I did trade with 16 contracts is that ok ?

Originally posted by johnpr2010

koolblue,

I did trade with 16 contracts is that ok ?

...sure, as long as you split the profits with me!..lol

koolblue,


I am positive around $7k since I got my Euro running with my flags.