ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
- Start date
- Status
could be 70+ if we break out of 61.
exit 62 on stop.
Guys,
In case many of you forget about holiday trading ...
1. Liquidity dry up
2. No follow thru
3. Hard squeeze when you get double or triple divergence
Take the money and run on 1st and 2nd target works best.
Looks like decision time is Black Friday, so chop chop trading til opening of next Monday.
Good night guys and gals!
p.s. there is also the updrift bias ... those who need to sell already sold (except Black Friday decision for some) thus no one, I mean, NO ONE, watch the market except the crowds trading still. And that crowd tends to all trade in the same direction, so dangerous squeezes ahead ...
In case many of you forget about holiday trading ...
1. Liquidity dry up
2. No follow thru
3. Hard squeeze when you get double or triple divergence
Take the money and run on 1st and 2nd target works best.
Looks like decision time is Black Friday, so chop chop trading til opening of next Monday.
Good night guys and gals!
p.s. there is also the updrift bias ... those who need to sell already sold (except Black Friday decision for some) thus no one, I mean, NO ONE, watch the market except the crowds trading still. And that crowd tends to all trade in the same direction, so dangerous squeezes ahead ...
LC, you are the best, just like a mother hen. I will take the day off tomorrow to keep you from cringing! 
Happy Thanksgiving all.
Happy Thanksgiving all.
Quote from startraitor:
LC, you are the best, just like a mother hen. I will take the day off tomorrow to keep you from cringing!
Happy Thanksgiving all.
You won't believe the # of emails, etc. I got about "why their styles are not working" .... during this time period. I sincerely hope that no one lose their shirts now just because of the liquidity.
I will refer them all here to this thread to save some time
And I do think many can learn from this thread.
Happy Thanksgiving to all!
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