ES Journal - 2012

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Quote from bigsnack:

I hear you. I'm very wary of telling people to watch out or whatnot, unless it is SCREAMING at me to do so. Nothing but high TICK readings since 7:15 PST, so there's only one way to go for me :)
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fighting it when it went green would have been tough for a swing. Even though it looked due to a big pullback or retest of lows, the buyers and momo never ceased. the fib projection is 1280 for what it is worth.
 
Quote from bigsnack:

Could be going for it again:
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Anything is possible, and it's certainly going that direction. But I'm betting my ego (and not my money) that given the day of the week, and the balanced, range-bound nature of the whole week so far, that we will stay in this range. All news accounted for, no new releases planned, etc. Besides, look how vertical the push up was yesterday compared to today:

http://screencast.com/t/UaycuygkuF
 
Quote from JoshDance:

What is the time period of your profile B?
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It's a rolling 5 day profile. That's not necessarily my first choice, but it's what has been set up on my chart for a while now and I'm just accustomed to it. :)
 
JoshDance, I notice that you put up an extremely tight stop (1point). You probably get stopped out a lot. I am a little intrigued by your stops location and would like to hear your thoughts on the matter. I am new to trading and people have told me to have a little room for stops. Please elaborate.
 
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