here is where patience & prescience pays off
ES Journal - 2014
- Thread starter murica
- Start date
That doesn't even rhyme.
That's what I thought, too. I figured that the nasty GDP report this morning (economy shrinking in the first quarter by 2.9%) would sure cause at least a 2% drop in the ES. Now I think that drop is going to happen either tomorrow or Friday. But today, the market has to squeeze the "rational" traders.
no, the drop is NOW. no way they can fend off the first drop.the drop is now, to LOD
Luke, you're fighting the trend... I too didn't expect this runup, so after a few scalps early in the morning, I just stepped aside. I'm glad I didn't try to short this runup. Sometimes when PA is not very clear or not making much sense it is wiser to stay on the sidelines. Remember that no position is a position 
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.Luke, you're fighting the trend... I too didn't expect this runup, so after a few scalps early in the morning, I just stepped aside. I'm glad I didn't try to short this runup. Sometimes when PA is not very clear or not making much sense it is wiser to stay on the sidelines. Remember that no position is a position
pussy
i stay short for LOD
Listen to yourself, you sound like a complete noob.
Price can do whatever it wants, in fact there is never 100% certainty, yet your analysis projects that there is.
Go read a dummies book, you got much to learn, hope you are trading sim cause you should be nowhere near a cash account with your in-expertise.
no, the drop is NOW. no way they can fend off the first drop.the drop is now, to LOD