ES Journal Archive (2006 - 2008)

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this is probably a double-bottom with divergent MACD (and SMA 20 to boot). how will i know?

confirming price action to the upside breaking the previously established high. yep, you only know after the fact, not before it.

if it is a DB, these are probably the lows for the day.

good trading,

jj
 

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Quote from apex82:

Long ER2 from 815(bought in at yesterdays close) looking for a minimum move up to 818. Second target will be 819 and then holding last piece for new highs. Stop at 813.40
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Quote from apex82:

holy smokes.... LOD so far 813.50. Taking some off for a 5 tick gain. dont like the PA. Still holding 75% for other targets

Taking some more out here 817.50
 
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