ES Journal Archive (2006 - 2008)

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Guess where the draw point is? 1320 Black will draw lose the vig and foot soldiers have fullfilled their duties. Had we broken back above 1344.75, the foot soldiers would have lost the vig and Black would continue to 1373.
 
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Guess where the draw point is? 1320 Black will draw lose the vig and foot soldiers have fullfilled their duties. Had we broken back above 1344.75, the foot soldiers would have lost the vig and Black would continue to 1373.
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Their staring each other in the eyes. You think I make this stuff up... Hand to hand combat now.
 
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amazing how that downdraft just stopped in its tracks there. hmmm....
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It is amazing! That's my weak side, I see where strength/weakness takes place, but quite hopeless on determining support and resistance levels apart from usual pivot based ones and fibs
 
Foot soldiers covered and will be short again below 1320. Black still in play. Now Black can elect to use foot soldiers short profits as a defense to his position. Defend your % risk.
 
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