ES Journal Archive (2006 - 2008)

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Probabilities are pretty high that this is a trend day where the market just grinds lower all day and ends near the lows. Going long here and holding for more than a scalp is a low probability play.
 
Quote from detective:

Probabilities are pretty high that this is a trend day where the market just grinds lower all day and ends near the lows. Going long here and holding for more than a scalp is a low probability play.
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i agree...i'm now finding the long bias kind of inexplicable --- any explanations?
 
Quote from detective:

Probabilities are pretty high that this is a trend day where the market just grinds lower all day and ends near the lows. Going long here and holding for more than a scalp is a low probability play.
More...

let the market tell you that let it prove it wrong, yes it will trend lower and it did, but you still have to be there to catch it and take it back long...well we just have to see, long is my speculation, I am playing the bottoms, my trend is long, that is something you cannot argue, if your positioned short then let it be, the SHORT play started at 1385.75, when everyone was saying long, now i say long, and people are saying short, i don't know what to say, i just have to stay strong and not listen because it will screw my trade up, and if my position turns out to be correct again, i probably still wont get credit for it
 
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