ES Journal Archive (2006 - 2008)

[gwac]

apex

1335 represents what on the chart?

TIA

Quote from apex82:

try this again buy stop 1335

 

[apex82]

Quote from apex82:

try this again buy stop 1335

com on!

clsoing out for -1.5

 

[StockyIrishman]

Quote from apex82:

com on!

clsoing out for -1.5

ditto...

 

[apex82]

still want to get long.. just trying to reduce risk and getting a cut up..

 

[apex82]

buying here!

it looks good this time

 

[smilingsynic]

Quote from apex82:

still want to get long.. just trying to reduce risk and getting a cut up..

The action is programmed to shake out longs. That's what's called accumulation.

 

[Mins]

Quote from smilingsynic:

The action is also programmed to shake out longs. That's what's called accumulation.

I hate that accumulation action, have to use very wide stops if you want to position yourself.

I decided to simply wait for the horrible action to shake out the weak hands and was waiting for the 15:00 or 15:15 range expansion.

Got long at 34, will scale out as we go.

 

[apex82]

Quote from apex82:

buying here!

it looks good this time

1342 first target

 

[apex82]

taking prof1 here at 1340.50

going to buy back in on the dip

 

[smilingsynic]

Quote from smilingsynic:

yes.

add on 39; stop 37; tar 45.