break of 55 violates the bar.. should lead to 42
notice the tic noise is less ...tic bars are not wide.
notice the tic noise is less ...tic bars are not wide.
ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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buy stop 61 sell stop 55 100.........both sides.
its the low on the 60 minute bar of the prev. bar.. lots stops below there.
covered 1:1 R:R
edit: sell stop 48.50 (basically this order frontruns probability shift.. if we are head up, 48.50 shouldn't be seen)
edit: sell stop 48.50 (basically this order frontruns probability shift.. if we are head up, 48.50 shouldn't be seen)
Quote from apex82:
I would look at a minimum of 100 instances before putting any weight on something or I think its just gambling....
As I have been saying for quite awhile now.... this has a high probability of being the "big one" 20%+ Your views and trading plan should not change.... I am not saying that longs should not be taken just always keep your risk management in check and dont sway from your game plan at times like these.
Taking off for mexico tomorrow.... Looks like its going to be a crazy day... The last longs being taken out in a stretcher and finally switching to bear mode...A perfect setup for a short term bottom. If the market can get back above that 1458-1460 area you know they mean business. If it cant get back above it will be good ol Role Reversal..... the shoe could really drop straight down to 1425-1430.
Still short from 1540-1550( 2 pt stop max on each entry, scalp entry into a position trade) waiting for my 1425-1430 target to begin taking some more off.
Nice to see ya back mbusch.... I could use a lift down to mexico.....
Hey Apex, you short your normal car size on this?
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