ES Journal Archive (2006 - 2008)

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Quote from Buy1Sell2:

Quick reminder here--


We're in a downtrend.
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Yes sir, that is true overall, but I don't think so today (yeah, I know).

And besides, I don't know of too many people, and no other trader, who can weather a 60 pt move on a 15 minute candlestick. :)

P.S. It's not broken-down on this screen, but about 40% of my trades where in the ten-year note ... those were the successful ones, LOL. :D
 
Quote from Pholeuon:

Not correct. It reacts extremely well to the support and resistance in channel on range bar chart. It simple does not work on time based chart.
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Well yeah, you're right, of course.

But do you see how fast those charts are moving?
 
Quote from Pholeuon:

Not correct. It reacts extremely well to the support and resistance in channel on range bar chart. It simple does not work on time based chart.
More...

Whenever that happens it is some bots at work, likely to help some funds to liquidate their positions in an orderly and stealth manner.
 
But we are simple in deadly downtrend channel more than week. Look there like is support converting in resistance in this channel.
Only big intervention like rate cuts were able press it up but after some time it is falling down.

If we will be not able break it today guess where we will ending? On bottomline like every day. Deep in ...

Quote from Lawrence Chan:

Whenever that happens it is some bots at work, likely to help some funds to liquidate their positions in an orderly and stealth manner.
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If we will not turn up right now we will test the low of the day. Bottom of channel will be there as well so I expect double bottom. If we go through S2 than we have another resistance line above.
 
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