ES Journal - 2012

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Quote from Laissez Faire:

Well in the money now, but I will maintain my stop where it is and see what happens.

Target is the gap fill @ 1307,75, give or take. May adjust the target and lock in some profits if I`m lucky to receive some more favourable excursion from here.

Expecting (daydreaming) that we slide lower overnight, sell-off in the pre-market, open gap down and trend lower from there.

If the market does not do what I want it to do, I may have to sell again at a higher level or even go long at some point. :eek:

:)

:p
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What is you heat point?
 
Quote from Trvlwanderer:

What is you heat point?
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I maintain my original 1,5 point stop from entry if that is what you mean, not counting open profits. :)

I could perhaps remove the risk from the trade now, but I fear that we may get a spike in 75 minutes, so I will leave it for now.

Quote from FreakofNature:

Bearish signal right ?
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What about the other red candles followed by green? :)

The difference is that we`re at a significant resistance zone this time. Let`s see what happens.
 
Quote from Laissez Faire:

I maintain my original 1,5 point stop from entry if that is what you mean, not counting open profits. :)

I could perhaps remove the risk from the trade now, but I fear that we may get a spike in 75 minutes, so I will leave it for now.
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If I were nimble, I could perhaps lock in 59 now and look to re-enter at the same area or at a higher level if we push higher from here.

But that is not always as easy as it sounds like and since I`m not 100% present at the computer right now, I think I`ll pass.

57 minutes left and counting. :)
 
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