ES Journal Archive (2009 - 2010)

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IMO, if you want to get long look for 1041 to hold with 1.458 EUR/USD bounce.

If 1.458 EUR doesn't hold you could probably catch a quick short, but she's been catching support all...year? Would be nice to see that change eventually lol.


***BTW, EUR/USD coming close to DECEMBER and then SEPTEMBER peaks. Could be pivot (up or down, I can't guess) for another year?
 
Quote from wmb:

hey do i get to hang onto these nqs for a week does any body know?
They don't actually expire before next thursday or friday. However the spreads might increase as we get closer and volume dries up
 
Quote from JSSPMK:

1/3 +10.75

*Guys, you keep saying 'breakout', isn't it supposed to be 'brakeout', or is it American spelling?

**My bad, supposed to be breakout :)

Nice trade.

Been away since morning.

The run up again confirming the USD is still in crash mode, making all ES sell setups touch down at minimal target every time.
 
brake is what is in the car to stop it.

break is when you break something like resistance.

So break out is going past previous resistance to new highs.

After getting stopped on my short, I went long, got stopped, then went short won, went long again won.

I need to not average into trades anymore and just have normal stops and targets until I get better at this, then I may add contracts to let 1 run.

Quote from Lawrence Chan:

Nice trade.

Been away since morning.

The run up again confirming the USD is still in crash mode, making all ES sell setups touch down at minimal target every time.
 
Market has been making higher highs and higher lows this whole week. To confirm the trend is broken, I think we would need to see the market CLOSE below the previous day low.

Of course some of you like ammo may be able to finally pick a top.
 
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