ES Journal Archive (2006 - 2008)

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I will be looking to add to my longs in the 1370's and additionally below that down to the low 1200's should we arrive there. --Long term play which I know a lot of you here are not doing. I'll keep you posted when I do add.
 
At what price will you say uncle?

Quote from Buy1Sell2:

I will be looking to add to my longs in the 1370's and additionally below that down to the low 1200's should we arrive there. --Long term play which I know a lot of you here are not doing. I'll keep you posted when I do add.
 
Quote from K-Rock:

At what price will you say uncle?

It will be a point of my choosing below 1218. Hopefully I will be able to get my full position size on betwen here and there or somewhere in between.
 
Quote from Buy1Sell2:

I will be looking to add to my longs in the 1370's and additionally below that down to the low 1200's should we arrive there. --Long term play which I know a lot of you here are not doing. I'll keep you posted when I do add.

If you are thinking about doing that check the daily zones I posted on ES earlier. Look for confluence with your analysis. That is one big trade.... All I can say I am predicting a key reversal this morning... Due to time analysis.
 
" averaging down to the low 1200s" and "there is no technical damage". You seem to be a great guy with alot of prior success posted here but these two statements/actions I find quite puzzling. Is it time to step away perhaps ? GLTA...
 
Quote from apex82:

If you are thinking about doing that check the daily zones I posted on ES earlier. Look for confluence with your analysis. That is one big trade.... All I can say I am predicting a key reversal this morning... Due to time analysis.

In order to have a key (lasting ) reversal, I would think we would need to take out Tuesday's low before reversing upwards.
 
Quote from aspenboy:

" averaging down to the low 1200s" and "there is no technical damage". You seem to be a great guy with alot of prior success posted here but these two statements/actions I find quite puzzling. Is it time to step away perhaps ? GLTA...

Remember, I recently stopped daytrading and am doing my normal long term trading where I build positions. My note to Volente was that there was little if any "long term" technical damage.
 
Quote from Buy1Sell2:

In order to have a key (lasting ) reversal, I would think we would need to take out Tuesday's low before reversing upwards.

I 100% agree and that is what I am looking for.
 
IF the move is explosive to the upside in the morning then the timing window would have the probabilities of a top being put in the morning and vice versa for a big move to the downside.
 
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