ES Journal Archive (2009 - 2010)

[Pekelo]

When was the last time when a trend (up or down, doesn't matter) ended in a double Doji???

It is basicly consolidation before continuation of the trend....

Look up the first week of March on the daily. That was the last time when we had back to back dojis and even that it was at the upper BB the trend still continued...

 

[BA_Trader]

Pek - there are also cases where a string of dojis are followed by a WRB of the opposite body color.

Depends on context.

 

[EON Kid]

Quote from Pekelo:

When was the last time when a trend (up or down, doesn't matter) ended in a double Doji???

It is basicly consolidation before continuation of the trend....

Look up the first week of March on the daily. That was the last time when we had back to back dojis and even that it was at the upper BB the trend still continued...

Yes good call, a bull flag on the daily. Also a larger target would be the right shoulder for a HnS

 

[Airwaves]

long 1114.5
stop at 1109.5

 

[BA_Trader]

Take a look at 2/19... contextually it is a lot closer to the current market.

 

[focus912]

looking only to scalp on es today if we break under 1113.5 it may get nasty imho........... long 110 july puts on spy at 1.83

 

[BA_Trader]

Dip on the 5 min... will they buy it? or will we get some downward momo.

 

[schizo]

Short 11.25

Wide stop 21

 

[BA_Trader]

Just curious (and bored) ....anyone here ever get trapped in a position and had to hold to expiration day? How did you handle that?

 

[startraitor]

I think it is either 1100 or 1111 close today.