ES Journal - 2012
- Thread starter Buy1Sell2
- Start date
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12,50 locked in. Limit at 1411.
NQ should fill that gap, but may not do it.
EDIT: Filled for three points. I still don`t think the low is in, but thinking that and risking a winning trade to become a loser is two different things.
IMO, we`ll trade down to 1410-1411 or as low as we need to go before NQ fills it`s gap.
Next below is 1406-1407.
Grandluxe: Thanks! Appreciate it.
St. Louis FED president speaks at 1:40pm EST, usually these guys don't have much effect on markets but given the current sensitivity anythng could happen.
Quote from Laissez Faire:
It has continued for much longer than that in the past.
Lol, this is true, buying the dips off the '09 lows would've worked well for many years.
What did not any of you smart guys tell me to hold on to my trade? 
Turns out I took an exit inside the bear flag consolidation that almost ALWAYS happens after making new lows. But I needed the "money" and got a good catch today, so I`m not complaining.
Average range hit here at 1409.
Looks like 06-07 may be in play for the day. Still not a 20 point day if we trade that low, so it would certainly not surprise me. Then again, it would not surprise me to find a bottom here either.
Turns out I took an exit inside the bear flag consolidation that almost ALWAYS happens after making new lows. But I needed the "money" and got a good catch today, so I`m not complaining.
Average range hit here at 1409.
Looks like 06-07 may be in play for the day. Still not a 20 point day if we trade that low, so it would certainly not surprise me. Then again, it would not surprise me to find a bottom here either.
Outside day, watch out
Quote from Laissez Faire:
What did not any of you smart guys tell me to hold on to my trade?
Turns out I took an exit inside the bear flag consolidation that almost ALWAYS happens after making new lows. But I needed the "money" and got a good catch today, so I`m not complaining.
Average range hit here at 1409.
Looks like 06-07 may be in play for the day. Still not a 20 point day if we trade that low, so it would certainly not surprise me. Then again, it would not surprise me to find a bottom here either.
how about 1401 by close?
Maybe? Why you`re looking at that number?
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