Thursday, September 30, 2010

added 50 % at ES 1140

fully short . avg 1140.5.


What's your take ? :

shorted 50% ES 1141

Covered NQ at 1996.5

will reshort later

+12.75 pts

Covered all ES at 1135.25

75% x 3pts.

Staying short

may cover some at pullbacks if rally turns out to be fake

Tuesday, September 28, 2010

covered NQ @ 2006,

bad trade,
may reshort later

stopped 2012 and reshorted 2008

never manage position or VST if you cant watch the market carefully ,
specially if you are attending f*cking meetings, surrounded by azzholes asking you stupid Qs.
damn it

-13 NQ pt x 25%

Added last 25% short at NQ 1999

equivalent to a 25% position on ES

edit: SL for this position : 2012

Monday, September 27, 2010

Friday, September 24, 2010

REINSTADED 25% short at 1138.25

riding 75% now

ALL WRONG IF: solid close above SPX 1150

Thursday, September 23, 2010

Conservative traders should cover more / most shorts at ES 1118 area

covered 1132 batch at 1123.5

+ 8.5 pts on this nested trade.

Just position management. Now riding 50%

Reinstated 25% shorts at 1132 ES

now riding 75%

PS, it is really sad to be so busy at work at days like today when mkt gives plenty of opportunities. I can hardly watch it today so just executing trade plan made yesterday... "blindly" :)

Tuesday, September 21, 2010

Monday, September 20, 2010

Friday, September 17, 2010

What team were you supporting?

Let's be honest: ev1 and their grannies was bullish last several days and particularly today while ES was trading around 1030. All of those who were seeing a bearish scenario these last days (like myself)  were called fools, to say the least....
Just dont look at US markets now. Look at what was ALREADY happening 2 hours before the US opening, some were celebrating a breakout (prior to the green tinted price action).

Tell me what is the character of the yellow area and the green area? any differences....?



Position stopped out- Bearish scenario stands until proven wrong ( not yet)

My level and conditions to reverse scenario are clear and predefined but not met already.

I may trade today after OPEX

Tuesday, September 14, 2010

SL around ES 1126

shorted ESZ0 1120.75 ST

Bearish scenarios stands

They did more than running stops overnight: a daily close to convince bulls.
They went farther than I expected but haven't convinced me yet. So I am still leaning to the short side, expecting now some "fun" on Tue and Wed ( and beyond)  :)

Friday, September 10, 2010

They will likely run bear stops on Friday close or Monday morning. Be prepared

GL

Update:

 I had shorted ESZ0 1105.5 on Thursday  and got stopped out in AH  after taking partial profits around ES 1097 but all the price action I am seeing really looks fake-bullish, will see how much they can  push it up before the "real-deal" :)

Wednesday, September 08, 2010

BTW, after playing long from ES 1040 to ES 1090 , I am short around SPX 1099

update _ 09-09 - 9:30 AM EST:
I was stopped AH during UE data spike and reshorted at the opening around SPX 1110

update 09-09 -11:00 AM EST -
 Covered 25% aorund SPX 1106 to reduce risk, letting the rest run.

update 09-09 2:oo PM EST
Conservative traders should cover more shorts around SPX 1102

updated 09-10 10:43 AM EST
I am keeping remaining position with a stop around SPX 1114

Whose the best??



Take it easy fresh champions, there are a lot of stars in the sky. You have achieved  one now, congrats. But don't forget there are constellations out there.

Argentina is the only place where futbol stadiums do not resound but BEAT and that is for a reason.