ES Journal Archive (2006 - 2008)

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Quote from tommymoose:

Short NQ 1984.75 stop 1987.25... target 1974 or lower

10 and 15-min histo's are rolling over and if highs are held that signals pullback. volume confirmation on both indexes is good, but I'm not super confident in the trade... good R/R though.

:edit: stop raised to 1979.00... if this thing is gonna keep going it should cascade down with the same urgency this morning rallied up.... no significant pullbacks

OUT 1976.75... i don't like those fakeout breakouts down.... they're just enough to trigger longs and breakout traders stops then reverse it quick.
 
Seriously taken shorts on NQ can be just somewhere in 85-88 areas. Idea is hide stop behing the EMA that is about 89.
If they can break this level and keep them than more upside possible.
 
Quote from Pholeuon:

Seriously taken shorts on NQ can be just somewhere in 85-88 areas. Idea is hide stop behing the EMA that is about 89.
If they can break this level and keep them than more upside possible.

So how are you trading based on your information/belief?
 
At present time it is far of my area.
I will short when it will get to my zone and will make some reverse formation in my BT. Now it is just market maker playing with small traders.
Like SS is writing and peoples here saying there need to be a bit life in this dying.
 
Short 1979.75 stop 1981... target 1974.50

from that zone, longs will look attractive.

:edit: I thought it was going for a second there too....stopped out
 
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