ES Journal - 2014

Wouldn't be surprised to see this fake out the longs here and drop seeing as though we've had a range day thus far.

Head fake to 22 then back down ?
 
ammo said:
as obnoxious as all your cockiness is, we have all been there, so that's not the hard part, it's the knowing what comes after that's painful to watch, you can let the market trim your wings or you can yourself, the latter is much cheaper, at least try to hide it
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didn't intend to be obnoxious only enthusiastic. i enjoy trading and joined here to mingle with fellow traders. the rest of your post is arrogant though. "painful to watch"? i'm a discretionary trader; i watch the pin action throw up few basic TA's, then place my bet. tried to develop a methodical sys everything failed. yes, i will get stopped out a lot , i don't add and add and add and add to my loosing position. Occassionaly i will add once. But i take my lumps when wrong. i'd like to get along with you.
 
wiesman02 said:
Wouldn't be surprised to see this fake out the longs here and drop seeing as though we've had a range day thus far.

Head fake to 22 then back down ?
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YM needs to close the gap down from yesterday. (NQ & ES have already done that)Wouldn't be suprised at all if that kept ES and NQ from falling till its accomplished.
 
CoolHandLuke said:
YM needs to close the gap down from yesterday. (NQ & ES have already done that)Wouldn't be suprised at all if that kept ES and NQ from falling till its accomplished.
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Market doesn't need to do anything. It merely reacts off the continual change of buyers and sellers based upon prior and current price. What we are witnessing right now is an agreement of price between buyers and sellers. Which, IMO is really not worth trading at the moment.
 
CoolHandLuke said:
Hi Handle. Do you place all your trades here or a few?
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I place approx. 0 to 5% here. I simply don't have enough time to watch and write them out, I am watching four indexes, CL and GC markets and just trade same signals on anything, same money management rules. Actually, for those who lack discipline, try trading 2-3 markets at same time, you really don't have enough time to over think, you just do, you want to become that Monkey who pushes buttons.
 
wiesman02 said:
Market doesn't need to do anything. It merely reacts off the continual change of buyers and sellers based upon prior and current price. What we are witnessing right now is an agreement of price between buyers and sellers. Which, IMO is really not worth trading at the moment.
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the market needs to do all sorts of stuff. your characterization isn't entirely accurate, as is mine :)

i used "need" in place of likeyhood.
 
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