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stopped out at BE Total trade yielded couple points profit now currently flat... This is looking more and more like a wash out move. due to option expiry. I may reenter long at some point but probably not. If anything this market should have down pressure unless it can get above 1400.50.

alright es retesting the shoulder again at 1401.50 this is key. Very possible to reverse here and go back into a range. Like I said before the day limit your trades on Option expiry day. Odds call for a range reduction day and Low probability pa

OK I am out for a couple points profit Breakeven stop at initial entry

es at the make or break it point here at 1405 even...

es testing key levels here as well as R2 any move below 1404 and I will be closing out 75% of postion that was long from 1399-1401.50.

dont study it... your wasting your time. Just practice the general concepts.

er2 resistance at 795-796

alright... markets moving up before the market as expected and no breach of the support zone last night. Still long and expecting a move up to 1422-1424. I will being reversing there and going short. We probably get there by monday close. Careful trading today, odds are lower for quality...

Thanks man.. I actually had a better then average day today. Im happy with that after looking at todays PA. Knocked in 6 points on that trade on part of the position. The add on at 1401.50 was also nice. That was less then a point stop and yielded a 4+ point trade so far. I am still...

if you are a daytrader you might want to take some profits here if you took the trade with me.. this market is going to need some volume to see a follow through. I am holding overnight and taking 25% off here at 1405.

They are having a tough time rallying this thing... but I am sticking with my guns Just giving it more time to sucker more shorts in. Once again any violation of the left shoulder would be a red flag.

Its taking its sweet ass time due to the low volume. Just be patient and keep on eye on the shoulder at 1401.50-.25 if this market is gonna move up this afternoon that must hold.

if you got in at the add on you could place stop at 1400 or 1399.75 for low risk This an ideal setup for high reward to risk with good probability

ok pullback has happened addeon at 1401.50-.75 lets see what develops this wil probably be an overnight hold

possible complex wave 4 that put in a minor abc... long from 1399 looking for 1415-1423 stop at 1397 2pt stop for minimum 15 point profit If you missed the entry you could buy 1401.50 if it pulls back.

test2

I am just about to hit the sack and thought I would post a little about the questions. First off, thanks for all the comments its nice to see this forum work together rather then attack and bash every post. Even though we are technically opponents I think there is plenty of money up for...

test

That is a great question. I believe it is for many reasons. There is just something about the feeling of being short vs the feeling of being long. You can see the fear when people are short... just look at the bounce off the szone in the es today. You dont see a rally like that near highs...

I am speechless.. low of day 1375.25 and one of those most parabolic 27 point rallies I have seen in a long time other then feb.27th Before.... http://elitetrader.com/vb/attachment.php?s=&postid=1396010 After...