ES Journal - 2019/2020
- Thread starter Buy1Sell2
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Same pattern as yesterday. I'm confident the LOD is in and that we'll close above 08 today with a good chance we'll make new highs by the close. Today is simply not the day for a sell.
That said, I'm short at 22 for a counter trend move to 20 or 18, but keeping a close stop and conservative on profit taking since my bias is UP.
That said, I'm short at 22 for a counter trend move to 20 or 18, but keeping a close stop and conservative on profit taking since my bias is UP.
Same pattern as yesterday. I'm confident the LOD is in and that we'll close above 08 today with a good chance we'll make new highs by the close. Today is simply not the day for a sell.
That said, I'm short at 22 for a counter trend move to 20 or 18, but keeping a close stop and conservative on profit taking since my bias is UP.
I agree. I am thinking, however, that the short opportunity to 18 is done and over with and that a close near 37 is possible. But, I will always say, this is trading, and anything is possible - good luck to all!
If higher today - what upside target then?
I'm thinking 25 should be a good target. Sweet round number and just in line with recent averages, but if we go up there, we might overshoot that.
I'm thinking 25 should be a good target. Sweet round number and just in line with recent averages, but if we go up there, we might overshoot that.
I ran my modeling algorithms.... 2859 got spit out as the high before a run down to 2600.
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That said, I'm short at 22 for a counter trend move to 20 or 18, but keeping a close stop and conservative on profit taking since my bias is UP.
Flat at 22. Too risky to do anything here for me right now as we're just chopping around and my crystal ball is giving vague readings. Will wait and see if anything interesting develops.
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