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    Small Stops

    Not everyone can trade using small stops and be consistent in their trading. With that said, it's not impossible, it's just that only the most skillful traders are able to do it. Those that can, know how to re-enter, those that can, don't add to losers, and those that can are very...
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    Long trade

    Long 74.00 Stop below 50 Target 100 handles ESD
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    ES Journal Archive (2011)

    Stopped -10 on previous long attempt. Long again 1300 Stop 79 Target above 1370s ESD
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    ES Journal Archive (2011)

    Long 17 stop 7 ESD
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    ES Journal Archive (2011)

    Looking to get the longs back in around 1319 ESD
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    ES Journal Archive (2011)

    Everytime you have a high that is going to be retested the amateur trader immediately screams "Double Top" when it fact it's a display of strength. Uptrends make higher highers, the "Double Top" that people see as it's doing the retest is usually an illusion as most reversal formations...
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    ES Journal Archive (2011)

    It's funny you mention that. I exited because I want the Right Shoulder confirmation. Once we get that, all we need to do is buy the retracements from then on until the next line of bear defense. ESD
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    ES Journal Archive (2011)

    That is true although most technicians would consider it consolidation below resistance and a pause for the next leg up because the last move before the consolidation was up so the most probable move now is for the previous trend to resume. Had the Head and Shoulders acted as a reversal...
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    ES Journal Archive (2011)

    Exited 92s at 42s just now. +50.00 ESD
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    ES Journal Archive (2011)

    Nothing below new highs of course. ESD
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    ES Journal Archive (2011)

    Simple, dead wrong, very very wrong on full size, dead right, on small size. Not wise. On top of that... If you don't specify it before hand on your calls, it's fishy to say the least and could be considered a way to game your performance. ESD
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    ES Journal Archive (2011)

    Spot on, oldest mistake in the books, although I admit, I've made this mistake many times. In fact, to date, still do. Over the long run, it's no good, it's a disease. ESD
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    ES Journal Archive (2011)

    There's plenty of upside left, that's not to say pull backs are not going to occur though. ESD
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    ES Journal Archive (2011)

    Yes. ESD
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    ES Journal Archive (2011)

    bwuahahahahahah :D ESD
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    ES Journal Archive (2011)

    Stop to entry 92 ESD
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    ES Journal Archive (2011)

    Not if you want to get filled. ESD
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    ES Journal Archive (2011)

    Long 92 Stop 75 Target Lots and lots of points. :D ESD
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    ES Journal Archive (2011)

    Short 1346 unfilled Stop 1351 Open Target ESD
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    A simple price action approach

    Funny considering he controls the flow of info on this thread. He taught Metal, taught NAD, taught me. New info is provided as he allows it. I suggest you be nice to him or the flow of new info will stop. ESD
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