target is actually 950-925, once past there I start playing where it should not go to (880). I don't expect s&p to get above 1065, if it does I have to start adjusting the play. It could be a false breakout or a continuation. I have the if, then, else all planned out, sometimes they throw in an else if, you can't let that discourage you. Keep playing their game.
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ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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target is actually 950-925, once past there I start playing where it should not go to (880). I don't expect s&p to get above 1065, if it does I have to start adjusting the play. It could be a false breakout or a continuation. I have the if, then, else all planned out, sometimes they throw in an else if, you can't let that discourage you. Keep playing their game.
Quote from wave:
target is actually 950-925, once past there I start playing where it should not go to (880). I don't expect s&p to get above 1065, if it does I have to start adjusting the play. It could be a false breakout or a continuation. I have the if, then, else all planned out, sometimes they throw in an else if, you can't let that discourage you. Keep playing their game.
Thanks for the clarification, wave. Interesting analysis and planning.
As the "script" unfolds, I, along with many ETers, would welcome your further thoughts.
Yesterday, I was reading fb123's posts. Listen to what he is saying about the range and trend and the poker thinking. The easiest money is playing the breakouts. If you figure out why those big breakout bars occur, you are set. Study the conditions that are present before the breakouts.
It's simple as if, then else.
It's simple as if, then else.
Quote from wave:
Yesterday, I was reading fb123's posts. Listen to what he is saying about the range and trend and the poker thinking. The easiest money is playing the breakouts. If you figure out why those big breakout bars occur, you are set. Study the conditions that are present before the breakouts.
It's simple as if, then else.
do u only use technicals......?
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