ES Journal - 2017/2018

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Unlikely now that we will trade below 2416 the rest of the day.

Based on what?

Generally speaking, there's a 75 % chance we'll close below 2433.

There's an 80 % chance we will not take out the current highs. And a 35 % chance we'll make new lows.

That's generally.

Specifically, I'll say we have good odds of printing new lows today.
 
Based on what?

Generally speaking, there's a 75 % chance we'll close below 2433.

There's an 80 % chance we will not take out the current highs. And a 35 % chance we'll make new lows.

That's generally.

Specifically, I'll say we have good odds of printing new lows today.
Price/indicator combo action around 16.
 
Based on what?

Generally speaking, there's a 75 % chance we'll close below 2433.

There's an 80 % chance we will not take out the current highs. And a 35 % chance we'll make new lows.

That's generally.

Specifically, I'll say we have good odds of printing new lows today.
The key to successful trading of course is not whether right or wrong, but what you do when right and wrong.
 
Based on what?

Generally speaking, there's a 75 % chance we'll close below 2433.

There's an 80 % chance we will not take out the current highs. And a 35 % chance we'll make new lows.

That's generally.

Specifically, I'll say we have good odds of printing new lows today.
Is there a chance to trade under 2416? Certainly, but i think not likely . If wrong, that's ok.
 
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