ES Journal - 2015

Buy1Sell2 said:
Certainly not. I don't pay any attention to news or even know when it is scheduled to come out. I couldn't tell you what the fed said. In my view, hourly remains long here. A drop below 2116 would have me re-evaluate.
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i rest my case :)\
you will see -2116
 
In addition, the call for the hourly trend being up was analysis for taking longs on the 5 min chart, which would have netted 8 points. That's more than what people here try to get, so it was a great call. Once the price jumped out of the upper Bollinger Band and back in, that would be the signal to take profit.
 
Buy1Sell2 said:
In addition, the call for the hourly trend being up was analysis for taking longs on the 5 min chart, which would have netted 8 points. That's more than what people here try to get, so it was a great call. Once the price jumped out of the upper Bollinger Band and back in, that would be the signal to take profit.
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whether you ignore the Fed or not is on you. the eight point move was a fed gift for those who paid any attention to the hype momentum. The question was about your hourly call. I was just trying to see what you were looking at. We all see things differently don't you agree? from my window the hourly was in chop! or just in a Bollinger range for those who fiddle with that sort of stuff.
 
Zodiac4u said:
whether you ignore the Fed or not is on you. the eight point move was a fed gift for those who paid any attention to the hype momentum. The question was about your hourly call. I was just trying to see what you were looking at. We all see things differently don't you agree? from my window the hourly was in chop! or just in a Bollinger range for those who fiddle with that sort of stuff.
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upload_2015-5-21_10-18-30.png
 
Reminder--Market is always trending on some time frame. Find the trend and exploit it. Here the hourly was clearly long as so you would drill down to the 15 and 5 min and find long entries and stops.
 
Zodiac4u said:
whether you ignore the Fed or not is on you. the eight point move was a fed gift for those who paid any attention to the hype momentum. The question was about your hourly call. I was just trying to see what you were looking at. We all see things differently don't you agree? from my window the hourly was in chop! or just in a Bollinger range for those who fiddle with that sort of stuff.
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+1

that's how i saw it too

this current retrace another gift; market rarely give two
 
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