OK----looking now for proper long as we are above 2561.
ES Journal - 2017/2018
- Thread starter Buy1Sell2
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It’s good you are disciplined with stops. This could go A LOT lower today into the close. There are no significant buyers showing up on the tape.
I also checked out that Vader guy. To me, what he write seems very vague. Also, this is speaking of my own experience: calling the market and trading it are two very different things.
Out for loss of 1.5 pts
Going long here is risky. I don't see any buy signals yet.
Out for loss of 2.25 pts
Consider this:
We're currently down 'only' -1,82 % on the day. Last Monday we were down -2,35 % on the Close and even more intraday.
For today, that would take us down to 40.
Bottom line: We might get a good bounce from the low, but there's a good chance the low ain't in yet.
We're currently down 'only' -1,82 % on the day. Last Monday we were down -2,35 % on the Close and even more intraday.
For today, that would take us down to 40.
Bottom line: We might get a good bounce from the low, but there's a good chance the low ain't in yet.
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