Truth is, the markets have been going up parabolically since early Feb - it's usually unsustainable and subject to correction. Whether this is a pullback and a new long opportunity for swing traders or a more serious correction who knows. Glad to have some volatility back, after those 5- and 6-point ES range days we had for a while.
ES Journal - 2015
- Thread starter Buy1Sell2
- Start date
never embarrass the bull. do battle if you must,but never embarrass. the bull is embarrassed.
philosophy of the dow 101
philosophy of the dow 101
Tight stops??...Hahahaha.
This market is breaking my balls right now. Every time I take a long position it reverses and I get stopped out.
finally, inflexion??
finally,bear trap??
This will either be saved, yet again, or markets decline substantially. Monthly chart is not looking good, not price action wise perhaps, but indicator that I follow is pointing to a breakdown, but we all know that the FED likes to come up with something to keep markets from tanking.
There is a divergence on monthly chart, very nice setup on INDU, it's not a classic one, nevertheless it is suggesting weakening price action.
There is a divergence on monthly chart, very nice setup on INDU, it's not a classic one, nevertheless it is suggesting weakening price action.
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you understand we daytrade here??
This is for short term trades, not necessarily day trades.