ES Wednesday 3-4-2015


Bands for the day. Good luck to all.

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iv030415
i am all kinds of out of sorts today. need to get the head back in the game..
i hear you and feel for you. like i said, wish i had just a 3 tic loss today. we all have our drawbacks unfortunately.

Originally posted by pants

Thanks, it's reasonable losses when everything failed to hold...account wise, sadly I can't make it bigger.
they have no excess at the lows with the first 2 30-min periods having matching lows... good chance that gets taken out... just not sure when like everything else
took it out within 30 seconds of me typing that. thankfully i cut my losses after that observation..

Originally posted by NewKid

they have no excess at the lows with the first 2 30-min periods having matching lows... good chance that gets taken out... just not sure when like everything else
buying 85.50 now.......looking for 88 retest....88.75 is previous all time high...going small..
failures at the 85.50 tries for those 81 - 82's
did you get in? it came off pretty fast off 85

Originally posted by BruceM

buying 85.50 now.......looking for 88 retest....88.75 is previous all time high...going small..
scaling heavy at 87.50 as all know single print 30 minute break downpoint is above
never mind.. i did something weird there
yes..I go market and you can't use what I post as actual fill price...EVER....just too hard to trade and post exact fills
Originally posted by NewKid

did you get in? it came off pretty fast off 85

Originally posted by BruceM

buying 85.50 now.......looking for 88 retest....88.75 is previous all time high...going small..

that is precisely what i am trying to do as well... be a momentum trader when the opportunity presents itself and the rest of the time be a fader..... good trading Big Mike.

Originally posted by Big Mike

Just to add more grist to the mill. Today is the type of day that made me change from a fader to a momentum trader. I try to let the market tell me a story (price action).

Earlier I mentioned the EURO IB low as critical. it was critical because once it was broken to the downside, there was very little push to go above it, price just consolidated sideways around and below the Euro low.

This had me leaning short all the way. When the little burp on the opening didn't hold it was time to hop on short. Targets- Y low and beyond on runners.

Different perspective.

Good luck to all.