ES Journal Archive (2006 - 2008)

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Looks like the ES is moving down from here 1418.50 (M7 contract).

Since the screens are soooo green, I won't be selling, looking to buy, probably after lunch.

Good trading,

JJ

edit: M = June, yeah Apex, I spent the first couple ironing things out too. :confused:
 
We have a perfect scenario of a gap up into key resistance tomorrow and a possible sell off for the remainder of next week. The only contigency is that the structure is not to clear, and looks more bullish then bearish. Watch those price levels I posted, they are strong and could possibly be the highs for another leg down. I will be playing it as such. I may get stopped out but the next buy will probably make back any loss. The R:R is very nice in those zones. A nice way to play it if you are conservative would be to wait for a breakout reversal bar on a 5 or 15 minute chart.

Watch for the smart money move late in the afternoon...
 
Quote from JimmyJam:

Long at 1416.50, PS @ 1413.50, looking for it to move back up to the highs.

JJ
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Stopped out at 1413.50, -$150.00. Total for week @ $(50.00)

JJ
 
Quote from apex82:

Watch for the smart money move late in the afternoon... [/B]
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Not much of a move in the last half hour and definately no volume confirmation. Therefore there is no way of knowing if gap up tomorrow.
 
Quote from apex82:

Not much of a move in the last half hour and definately no volume confirmation. Therefore there is no way of knowing if gap up tomorrow.
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LOL. Predicting whether or not an opening gap!

Much simpler to predict/play gap fills, imo.

Not laughing AT you apex... I just find the concept of predicting a gap or not a bit funny.

Play what you see,
Osorico :)
 
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