ES Journal Archive (2006 - 2008)

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....... but like you said before...
... sometimes... it helps to not hit the refresh button so often.... :)
..... still learning....

Quote from Buy1Sell2:

In my view, it is important for one to learn that pullback or retracement is an acceptable thing to sit through.

 
Quote from Spectre2007:

premium buildup =)

long 1494 stop 90 close eod



You think the market is going up after printing 1496.75 in AH?
something must have happened when I was sleeping last night.
 
Quote from saxon22:

You think the market is going up after printing 1496.75 in AH?
something must have happened when I was sleeping last night.

if you trade what you see, pretty much everyday RTH tic action was indicating bigboys supporting it and running shorts, they have the FED decision behind them, and its pretty much the same action today.

its drawing in sucker money as it pushes higher, this sucker money will be harvested, as the sentiment is shifted 180, post FED decision, but it wont be immediate, they might hold it up for a day or so.

its basically corralling sentiment, once sentiment gets full blown, then liquidity is available to exit huge quantities. And thats what the bigboys do day to day, blow sentiment whether its bullish or bearish to generate liquidity or to offset to sucker money.
 
Quote from Buy1Sell2:

The difference is in timeframe perspective. I see no reversal, only a continuation of uptrend following a bit of pullback.




I will rename it 3 am fade for entry just for you.





:)
 
Quote from volente_00:

Call me crazy, but I smell a 10:30 reversal brewing

I cancelled my sell order at 85.75 w/ stop at 87.50 yesterday after it tested 81 and turned around... I dont consider the level as strong if its been tested very closely recently. Now to see if I'll regret it or not :p
 
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