ES Journal Archive (2009 - 2010)

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Bulls are making a stand here.

Will lookto get long if the support coming in his confirmed.

P.S. It is Friday, raining, and I may just go chill out and get a coffee. It won't break out long with a strong uptrend from here (unless conditions really change from right now - 10:00am) and I've a pretty good week ... we'll see.
 
Quote from MandelbrotSet:

Bulls are making a stand here.

Will lookto get long if the support coming in his confirmed.
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Bulls been in for months - looks more like bears making a stand to me - they lose should be another move north.
 
Gap filled, thank you very much.
Since the 1015-16 support area obviously held very well, the 1005 gap is out of play until that changes.

Everyone ignored China getting hit last night, which is interesting. I honestly don’t know where we go from here, I am waiting for next week’s unemployment report and more traders to come back to work. I guess all they have to do to keep this rally going is just keep killing the dollar.
 
Quote from riskymove:

Bulls been in for months - looks more like bears making a stand to me - they lose should be another move north.
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LOL :D

Those guys? They're such wimps ... like blackjack666 said, any drop represents a new buying opportunity.


We're almost 10ps off the high, the POP! should be coming anytime now. :)
 
Quote from MandelbrotSet:

stops are way too tight ...
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Yes, that is so, I like tight

If you enter with momentum a stop may be tight, if it ain't going your way widening a stop would cause more risk per trade, unless one knows where exactly support or resistance would come in & not many, hardly any know that.
 
Quote from JSSPMK:

Yes, that is so, I like tight

If you enter with momentum a stop may be tight, if it ain't going your way widening a stop would cause more risk per trade, unless one knows where exactly support or resistance would come in & not many, hardly any know that.
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Funny ... that's exactly why I like to take quick profits.
 
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