ES Journal - 2012

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Get ready for the 2nd gap play, long at 4 pm (and if gaps down in AH, buy more). Just like with the Friday close play, going short at the close (because Friday morning we had an upgap) was nicely profitable. Since today we had a downgap, the opposite play is at hand....
 
Quote from Pekelo:

Get ready for the 2nd gap play, long at 4 pm (and if gaps down in AH, buy more). Just like with the Friday close play, going short at the close (because Friday morning we had an upgap) was nicely profitable. Since today we had a downgap, the opposite play is at hand....


Thanks for pointing out. Cheers!
 
Quote from Spectre2007:

lol, there is no debt relief, Greece is still a slave to the system.

Always will be until 100% of their debt is forgiven. At that point, market should be well into the 1500s and the US 10 year will be yielding just over 0%.

I'm just surprised market is not reacting more. Maybe in overnight session. Leads me to believe the rumor was bought already.
 
Quote from gmst:

buy the rumor, sell the news.

Short euro @ 1.298, target 100 pips.

logical, yes. but that is what they want us to do so they can run it further. wait for clear short signal. maybe lower high and lower lows on 60 min or something like that.
 
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