Short @ 1157 All in!

Short more ES @ 1140

took the light float up this morning to add a little more to our swing! were any day now to a big drop.

Adding a little more ES short @1122

Adding a little more short size here. Looks Ok from here...Maybe top will be 1130-35 to add final piece to this short.

Short ES @ 1111

Starting some short exposure here.

Sold ES long @ 1102 +8

took the money on quick overnight scalp long at the 1094 entry yesterday +8

Bot ES @1094

took a little long exposure here to see if we recover some in the afternoon.

GOING Flat ES +30

Nice retrace bounce from the 1042 long entry and going flat at this 1072 area for +30 points. The market is handcuffed right now by all movements on the USD. Caution going forward as there could be fireworks on all news effecting USD.

GOING FLAT...... TOTAL +97

That's it for me on the short side...Im going long here at1042.
Nice sell gain from 1138-1041 ... +97

looks like a bottom to me here....also 100 + handles from the top area.

Theres +78 points from the 1138 entry!

Finally got the sell off we have been all waiting for. Not sure from here but take some more off here gang and we'll short a retrace.

1081 Low print

There was a nice low print in the weee hours this morning of 1081 on the march ES. Pretty nice gains for all who have held through this short swing. I suggest taking some off and possibe adding again into the 1115 -20 area.

Add shorts here @ 1138

little more exposure for the downside expected.

Welcome back!

Shorted some ES here @ 1129 area, and on any pop up will add.

Cover ES @ 1120..+6

That looks about all were going to get with this volume. Take what you can til volume gets back up to normal.

SHORT ES 1126

Good area for a short! Usual take 10 points if we get it. Might need to watch globex as well as we might not get it intraday.

Well we won some and now covering

There was a low print 1085 for all to cover this swing. I personally thought more would happen on breaking 1080 area. I think we now can look for higher prices to short into again. For now we wait.

1111 still in play

We have been sitting in this short for quite a while. Its been profitable to hold as its a wall of resistance. Today we popped just above to 1117 and down we go again. I like the downside pressure from here as this should be a good pullback into the 1050-60 area. If your not short consider selling rallies from here.

Short ES @1111

Great spot to enter back into shorts. Glad we waited for this rally and are now able to short at a much higher level.


Update....As per rules the market dropped for us the usual +10 points Tuesday morning, so profits on some could be taken. Looks like one possible more surge up to add shorts into this week. Keep posted!

Light Volume , we wait!

This weeks volume has been incredibly light and I'm feeling a need to wait to position again on the short side. This rally should be a reminder too all of why traders need to take profits along the way.The 1091 top entry and covering in the low 1030's has me going to remain neutral on this market til I get a better read on things as it is lacking participation with the holiday Wednesday and light float up the last few days.

Officially I was stopped out on a close above 1065 on last 1/3 position last week.
Glad we booked 3/4 of position on way down!

I really like Tim Knight's video tonight as he is really doing a great job of walking us through the mental struggle of shorting this market.

http://www.slopeofhope.com/

Took some off as always +10-15 points!

Update: as always we take a little of after a +10 point drop this morning . The lows were 1054 area. I know a few of you were discipline and booked 10-15 points. I'm keeping some size on to stay the course on this short as we might need to add in the 1070's for what looks to me like a final push and eventual drop below 1030 lows this week and challenge the 1020's.

Adding some Shorts here

Just added a little size back short here @ the 1059-60 area. I'm thinking a rollover in the afternoon. Possible the 1-1:30et time frame.