ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from volente_00:

Who would have ever knew those T day boys had connections in the middle east?



:D
More...

major central banks will ask the SWF's to step in.. if things get really bad..

in '87... companies were called to engage in share buybacks... to support the market..
 
This is a game played by the Big Boys. We the savvy traders can only follow in their footsteps. I would bet there might be a Big Boy or two on ET as well. Learn how to stay out of their way(noise) and

Sell limits @ 18 (Sell rally play)
Sell Stops 13.50 (breakdown play)

Either way I am in.
 
if we open below 1420 im short on the first 5 reversal bar for a retest of lows.. minimimum 1414. If we open above 1420 I'm sitting on my hands.
 
Quote from apex82:

if we open below 1420 im short on the first 5 reversal bar for a retest of lows.. minimimum 1414. If we open above 1420 I'm sitting on my hands.
More...

Apex, my apologies in advance if I'm asking you to retrace old ground (or asking you to reveal that which you do not wish to reveal) -- in which case, of course, feel free to ignore -- but would you mind outlining your rationale for this? Thanks much....
 
Thoughts at the opening:

AH upmove from 1406 to 1428 was a near-exact 50% retracement of Monday's downmove.

Since it occurred in AH, it may well be recapitulated today in RTH for those who missed it.

Either way, next measured move (49 to 06 to 28 =>) would be 1380.

If we re-test 1428 this morning, I'd be inclined to short it large for a 48-point downmove.
 
Quote from apex82:

if we open below 1420 im short on the first 5 reversal bar for a retest of lows.. minimimum 1414. If we open above 1420 I'm sitting on my hands.
More...

Opened below 20 and sold off initially, reversed to 23 as of now, what entry point are you looking for to short for retest of low.?
 
Status
Not open for further replies.
Back
Top