ES Journal Archive (2006 - 2008)

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i was uning a constant volume chart for that one.



Quote from Buy1Sell2:

m4a1 , please post a chart and reasoning for both of your decisions today. Thanks. I am still long, but from a larger time trame I am certain.
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It all looks like doom and gloom. However, I would watch the 3 minute and 5 minute chart here if I was a daytrader as the pattern for long market action is beginning to set up.
 
what's the pattern?

what do you think of constant volume charts for grails?

Quote from Buy1Sell2:

It all looks like doom and gloom. However, I would watch the 3 minute and 5 minute chart here if I was a daytrader as the pattern for long market action is beginning to set up.
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Isn't the end of the month when institutions sell 3:00? I am expecting to see a sell off later. Maybe a retracement until 2:00 and then sell off to close...
any comments?
 
Quote from brightstone:

Isn't the end of the month when institutions sell 3:00? I am expecting to see a sell off later. Maybe a retracement until 2:00 and then sell off to close...
any comments?
More...

anything is possible :)
 
There will always be dozens of explanations why something should happen or shouldn't happen.
Bulls will have an explanation why prices should go up and at the same time bears will have an explanation why prices should go down.
The fact that there are always so many possible explanations proves that these explanations are worthless.


Quote from brightstone:

Isn't the end of the month when institutions sell 3:00? I am expecting to see a sell off later. Maybe a retracement until 2:00 and then sell off to close...
any comments?
More...
 
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