ES Journal - 2014
- Thread starter murica
- Start date
Wouldn't be surprised if 17's hold up as session lows and 21-22's are the highs
Oh no, the opening range is 2 points, you could be right.
Pulled my finger off the trigger with a 19.50 long entry, as supply was at 20.50. 3 tick targets are no bueno :/
From a daily perspective, markets might be exhausting. With such previous strength over the last 8 days, I'm not expecting pullbacks on the daily. Just some low range contracted days before more up unless somebody throws a wrench in the system
Just my 2 cents
From a daily perspective, markets might be exhausting. With such previous strength over the last 8 days, I'm not expecting pullbacks on the daily. Just some low range contracted days before more up unless somebody throws a wrench in the system
Just my 2 cents
Not taking a long, and shorting, are two very different things, particularly in this market.
Not an observation, an assumption. My sentence merely alluded to the fact that there was low volatility and not much opportunity. My reference to the supply line, in no way, shape or form, indicates I should be short there. It's just a high probability area where price will stall with a weak market opening. Whether the market reverses in that area or not, I don't care. I'm not looking to predict price reversals, but react to them once they begin to take form.
Supply lines with bullish PA are never shorts. Just an area where u can still, so if u are long, it's so good spot to take profits, sit on hands, wait for continuation, then rebuy.
Supply lines with bullish PA are never shorts. Just an area where u can still, so if u are long, it's so good spot to take profits, sit on hands, wait for continuation, then rebuy.