volatility fan, they say you have to trade what you see, sometimes the market wants you to see something to entice you into a trap.
but more times then not it works to trade what you see.
ES Journal Archive (2006 - 2008)
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volatility fan, they say you have to trade what you see, sometimes the market wants you to see something to entice you into a trap.
but more times then not it works to trade what you see.
if the vol channel plays out,, we should see 1515 and higher...before another leg down...
superimposed on price.
that`s exactly what this game is..........all about illusions & traps....our job to decipher reality from bs.
we sliced thru all fibs from 94 lo.......did`nt even blink.
that 27.50 yestrerday hi was close enough to the channel/TL....for the shorts with brass balls to sell a closing hi like that were paid & rewarded well.
sometimes the most difficult trades to take are the ones that are most rewarding.
Agreed. When the trendline it was weakly crawling up since the bottom broke at ~1517.50 it was over. The retest of the underside of that trendline 20 minutes later would have been a great place to get short with a tight stop.
they let NOOONE on the sell train once it gets going.....you`ll never find a consrvative entry unless you are already there & that means taking some heat.
after reading that PTJ thread on this site where one of his so called close ties said"PTJ is real bullish after that .50 cut".......i could`nt help but think he is massively short.....& getting shorter for something like that to be said from his camp.
after reading that PTJ thread on this site where one of his so called close ties said"PTJ is real bullish after that .50 cut".......i could`nt help but think he is massively short.....& getting shorter for something like that to be said from his camp.
successive trendlines.
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