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ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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another bounce off of the 20 day ema and the 50% retracement level. Call me crazy but current option interest in spy indicates that we stay around 1420 and then move to ~1450 on cash.
Quote from mbusch:
This may be part of the problem I've having: I show the open of this morning's first bar of ESH07 as 1429.50, not 1431.25. I wonder why our charts are different by 3 ticks?
I found the same thing. I use 2 different brokers and I think I figured it out. I think one broker uses the official market clock on their charts, the other seems to be using the clock on my computer to generate the time on my charts. The two clocks are a little different and that makes the open value of the bars different sometimes.
Bighog,
A few questions, if I may:
1) How many whipsaw losses to the centerline do you accept, before waiting for the one hour breakout?
2) For the one hour breakout do you reset your breakout lines to the one hour highs/lows? Where would the stop-loss be set then?
3) How long have you traded this way?
A few questions, if I may:
1) How many whipsaw losses to the centerline do you accept, before waiting for the one hour breakout?
2) For the one hour breakout do you reset your breakout lines to the one hour highs/lows? Where would the stop-loss be set then?
3) How long have you traded this way?
bout that time
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