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Previous Intraday Trading Session: [ 12/14/2012 ]

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TIMEALERTS 
15:35Pulled back to 1414.50. See chart.

 
15:151411.50 is the current low on this drop.

 
15:05Looks like it will go lower.

 
15:04Normally I would have used a higher Stop, but the way things were going today, I wanted to capture at least 2 points.

 
15:02Stopped out @ 1414.00 [+2]

 
15:00Lower stop to 1414.00

 
14:58Lower stop to 1414.50

 
14:56Lower stop to 1415.50

 
14:49Can't seem to get away from that diagonal trend line. See chart.

 
14:44Lower stop to 1416.50

 
14:37Lower stop to 1417

 
14:24Sell @ 1416 fixed stop @ 1418

 
13:47Stopped out @ 1417 [-1]

 
13:41Boring

 
13:16Updated the chat log with a few corrections.

 
12:23Shorted due to a reversal, resistance and a 3 inside down candle pattern on the SPY.

 
12:22In @ 1416

 
12:20Sell @ 1460 correction 1416

 
12:19Resistance.

 
12:18RV @ 12:16

 
12:17Looks like this leg has played itself out to the upside.

 
12:00Slow day.

 
11:44Stopped out @ 1415. Breakeven.

 
11:41Hate to see that long tail on the last candle. Those are frequntly reversal indicators.

 
11:39dropping hard. 1413 now.

 
11:34Market has broken below support. Just ride it out.

 
11:33Tired of waiting. Place oreder at 1415.25. Immediately the market dropped. Maybe it was waiting for me.

 
11:26Waiting for 1415

 
11:24Sell @ 1415

 
11:21Got a reversal right now but cannot identify a trend. Waiting.

 
11:12Bearish continuation pattern forming on 2-minute chart. May short after all.

 
11:09Market moving higher. Cancel sell @ 1415.

 
11:03Sell @ 1415

 
11:01Stopped out at 1416.50. [+1.5]

 
10:53Chart update

 
10:52We are at a resistance line. Sclapers should take profits. I am holding.

 
10:51ES @ 1418.25

 
10:48Moving higher. 3 White Solders candlestick pattern = higher prices.

 
10:45I would be prepared to Short @ 1414 in just in case.

 
10:44All reversal times have passed. No big move yet.

 
10:43Trailing stop should be at breakeven now.

 
10:34If there is any fast action to the downside, flip the trade.

 
10:22Buy @ 1415 Stop @ 1413

 
10:19Indicators are showing an overbought market. I am expecting a move to the upside.

 
10:17RV @ 10:22 see chart

 
10:1510:28 reversal is now a level 2 reversal.

 
10:12These reversals are spread out over 30 minutes. Could get choppy here. Looking to go Long.

 
10:12RV @ 10:08 see chart

 
10:09RV @ 10:16

 
10:00RV @ 10:28. That makes 2 within 10 minutes.

 
09:54RV @ 10:36 See chart.

 
09:47Chart update

 
09:35If we don't get a bounce a 1414, we have to short.

 
09:08A little late to the party this morning. Market down 6.

 
08:59Good morning.

 
 
 
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