ES Journal Archive (2006 - 2008)

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Raising stop on 1328.00 long position, from 1327.00 (-1.00pts) to 1329.75 (+1.75pts). A possible triangle formation here (bounced off 3-day descending trendline) and if we can't hold above the pivot (give or take a few points below the pivot), most likely to re-test 1327-1326 there and a sign of more consolidation to come, or even a bearish continuation. Don't want to hold through that.

Keeping stop management conservative until about +12pts (1340.00), will execute a bit more agressive protection there.
 
Quote from JSSPMK:

Short 1336 off 3,2,1 against hourly charts though

Scaled out +2.5
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I don't normally do this, 1/3 split and scaled out 50% +10.25

Histo says remain short, but 3 min hammer & Volente is buying :)

1 min turning bullish 9.55am
 
Re-testing the lower rising trendline of the symmetrical triangle from last wednesday.. probable short bounce here from 1324.
 
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