You can choose from the menue today :
840.00 or 875.25 ? Whole action is similar to Feb 5th.
840.00 or 875.25 ? Whole action is similar to Feb 5th.
ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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Who cares if it is a papertrade as long as:
1. It is profitable AND
2. You post it in real time, SO
3. We can back it by 5-10 contracts.
Anyhow, judging by the daily chart, yesterday we just reached the edge of the double bottom at 875 cash and what usually happens here that we take a breather and pullback a third or so. The SMA line is around 850 on the cash so a drop to there then continuing the rally would be my guess.*
*This expectation is based on TA and doesn't take into account the stimulus announcement that most likely will mess it up...
Pek, do you realize you are talking about 20 pts drop in the morning?
But I like the idea
But I like the idea
Quote from Pekelo:
Who cares if it is a papertrade as long as:
1. It is profitable AND
2. You post it in real time, SO
3. We can back it by 5-10 contracts.
Anyhow, judging by the daily chart, yesterday we just reached the edge of the double bottom at 875 cash and what usually happens here that we take a breather and pullback a third or so. The SMA line is around 850 on the cash so a drop to there then continuing the rally would be my guess.*
*This expectation is based on TA and doesn't take into account the stimulus announcement that most likely will mess it up...
Wave stop giving out the r10 signals.
Pek, is your longer term signal still in a long?
It's been a while just curious.
It's been a while just curious.
I didn't say it has to happen in the morning.
There hasn't been a new longer term signal since the long at 850 or what. But one has to recognize that this is not a "signal to signal in the market all the time" type of system. It could be played as such but I generally just look at those as entry signals and exit is discretionary.
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