ES Journal Archive (2009 - 2010)

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ES is in a beautiful down channel. This is one thing I don't understand:

Why does ES stop at 672?

Everything points out at least new LOD should be made. Does somebody has some ideas?
 
Quote from Buy1Sell2:

Closed the 30 contract short position based upon movement on the current 240 minute chart. I have closed at 690.5 from a short position at 869. Roughly 178 pts profit per contract or a total of 5340 pts ($267,000) --Ishmael

--Will look to reenter short at a later date--
--Demonstration of a wide stop in an oversold market is now complete--:)

Very nicely done B1S2. :cool:

I guess Dmartin has some hope for his long trade.
 
Quote from swing-scalper:

ES is in a beautiful down channel. This is one thing I don't understand:

Why does ES stop at 672?

Everything points out at least new LOD should be made. Does somebody has some ideas?

Maybe a too simple Fibonacci retracement nobody "believes" in ? :confused:
 
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