ES Journal Archive (2009 - 2010)

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Quote from Lawrence Chan:

For down trend to continue, ES and NQ should break to a new daily low by close. As a minimum, close below previous month close. That automatically imply low of this month in play at 1020 area.

That will setup for potential touch down at 1000.

=D

Weekly signals bearish on pretty much all indexes, SPX to 950 I say :)
 
Quote from JSSPMK:

My position is back to point where I scaled out (money wise), obviously I hope too

Up trend line on daily, weekly broken, and yesterday's attempt to pop above trendline should result in a hold up at 52-54.

A retest of that zone is possible but not likely.
 
Quote from ammo:

eur/usd massaging the supp line from mar/jun, dollar doing same with resistance line, that 1046 was supposed to wait to close to hit, midday says we havnt seen the lows yet

:) Looks like u're right! And looks like I might have exited too early too.

Even after a couple of yrs of trading, I still can't resist taking a fat profit when I have one. How does one learn to curb that temptation?
 
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