7/30/07 General Trade Log / Idea Sharing

[brownsfan019]

Well, it seems like there's some interest in a daily thread to discuss setups, ideas, etc. based on this thread - http://www.traderslaboratory.com/for...room-2116.html

So, here's a thread for Monday, July 30th. Someone will just need to start the thread each day and we'll build it from there.

If you have some analysis to share for Monday, feel free to! Or post during the day on Monday as time permits!

Good trading everyone!

[GCB]

Cool, brown. I'll look for it on Monday. I like Mondays. They feel like a fresh start and I'm eager to get back to the markets.

[GCB]

10:20 AM ET. Grinding higher. But this type of action is often setting up for a mid to late day rollover to the downside.

[brownsfan019]

ES price action still lively to say the least.

So far, I've got 8 trades, 4 winners, 4 losers. Up +1.12 net thus far. One frustrating loss on a long at 68.5 that was ticked out and is now proceeding higher. I hate ones like that! :mad:

This is good stuff though if you like instant gratification - either you are right or wrong and you will find out pretty quickly.

One observation - check your ES dom. Earlier today the actual depth that was shown on the dom was pretty light in my opinion (less than 1000 at each level). It was very erratic during this time. Now there's some more volume present at each level.

[GCB]

Have yet to enter my first trade. Missed two entries. But otherwise following plan. Got the rollover. May be a range day on YM.

[GCB]

Got the rollover but no carry through. Looks like BS range action.

[brownsfan019]

gc - how did you miss the 2 entries? Just curious as I miss them too and wish I would not!!

[brownsfan019]

Anyone know if there's a way to set this thread to auto-refresh in your browser window? If we can get this active, I'd love to just have Firefox refresh this on it's own vs. me doing it.

Any ideas either through TL and/or Firefox?

[brownsfan019]

Short @ 71.5 on the ES. Now just waiting to see if this consolidation area busts up or down. Keeps going back and forth.

[brownsfan019]

	Quote:	brownsfan019
	Short @ 71.5 on the ES. Now just waiting to see if this consolidation area busts up or down. Keeps going back and forth.

Got a good break to the downside here. Price at 65.5 and I'll be looking to remain short if the bears can keep the pressure on. May look for a buy if not.