ES Journal Archive (2009 - 2010)

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Quote from candles:

lol. Market does seem to go up like 75% of the time, so i guess statistically the odds are deffinitely in your favour when you are long. And with patient entries the market always bails you out with long trades, so i can see where the perma bulls are coming from. Not really my style tho. (although the guys who keep averaging into SHORT trades must have a deathwish! we all know that 20,000 dow for example is a CERTAINTY at some point in the future.)

???

You worked out the actual stats?
 
Quote from Lawrence Chan:

As long as 56 - 57 zone is not breached by tomorrow, gap fill below should not be a big problem.

Notice how the 56-57 breakdown works out? =)

s1 at 50 tagged.

Edit: Next target gap fill below.
 
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