ES Journal Archive (2006 - 2008)

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Quote from apex82:

catching the knife here

long 40.50

stop at 36

1355 first target
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Would you mind enlightning this dimwit? What's your rationale for assuming that this market will go up to 1355? Is it simply because we're down more than 30 points?

My source tells me we might gap down again tomorrow. FWIW
 
Quote from Spectre2007:

if your a swing trader, this price has awesome risk reward/

20 more points to the upside, and 140 points to the downside. 1:7...
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still some downside left.
 
Quote from saliva:

Would you mind enlightning this dimwit? What's your rationale for assuming that this market will go up to 1355? Is it simply because we're down more than 30 points?

My source tells me we might gap down again tomorrow. FWIW
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probabilities... and R:R greater then 5:1...

I dont care if I am wrong... its part of trading

I am bearish longer term
 
Quote from apex82:

probabilities... and R:R greater then 5:1...
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That's just my point. On what are you basing your reward? I have no clue how you came up with 1355.

**edit**

Well, I do but the chart also tells me that this was not a very significant S/R either.
 
MandelbrotSet


Registered: Dec 2007
Posts: 209


02-05-08 01:54 PM



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Quote from Buy1Sell2:

Short entries are all I am interested in at this time.
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This is confirmed by what I am alooking at also.
***
:)
 
If Apex is a dimwit I'd love to see what a smart trader makes. You should check out his youtube videos, there are some clues for the wise. Good trading all. :)
 
Quote from kinggyppo:

If Apex is a dimwit I'd love to see what a smart trader makes. You should check out his youtube videos, there are some clues for the wise. Good trading all. :)
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Saliva wasn't referring to Apex...
 
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