ES Journal - 2012

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Quote from gmst:

so once that buy order is over, we might get a real move to the downside. does it make sense ?
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it could be a buy 1 sell 2 scenario ,just hold it up to build a short position..i reduced because the few small volume spikes there are ,are predominately dips,so if there was a larger smaller trader indicator, the larger trades would be supporting or buying,along with the impending 1st of month pop,but tomahawk could be right
 

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Quote from ammo:

it could be a buy 1 sell 2 scenario ,just hold it up to build a short position..i reduced because the few small volume spikes there are ,are predominately dips,so if there was a larger smaller trader indicator, the larger trades would be supporting or buying,along with the 1st of month pop,but tomahawk could be right
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Ammo, I'm probably being dense here but I'm not sure I follow. Volume spikes on down bars...how does that translate to larger buyer support? Thnx...
 
es hugging a broken minor tl .... i look at the vol spikes in relation to the extremes of the days range,those were at the lows and seemed to support or psuh it back up..exhaust the sellers...there were 2 on highs noted also that did the opposite
 

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Quote from ammo:

es hugging a broken minor tl .... i look at the vol spikes in relation to the extremes of the days range,those were at the lows and seemed to support or psuh it back up..exhaust the sellers...there were 2 on highs noted also that did the opposite
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Ah, ok, yes. Thanks for clarifying ...
 
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