ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from MandelbrotSet:

Trade (obviously) stoppped out, breakout signal proved to be a false one on my end, even if the trade did go 4 ticks in my favor before the afternoon drop.

***

Nice risk management JSSPMK, I see now. You think it's better to just take the short-term loss and wait for the next signal, whereas my approach is to attempt to give the trade room-to-work until I hit a minimal profit target.

Good trading
More...

That's right, but

<img src=http://imagecache5.art.com/p/LRG/29/2901/GHWPD00Z/howard-sokol-man-blowing-trumpet.jpg>
 
Something smells funny.... why is GS selling off?

I think the market ate too much and has a tummy ache.

<A HREF="http://smiliesftw.com"><IMG SRC="http://smiliesftw.com/x/eektoilet.gif" border="0" ALT="SmiliesFTW.com"></A>
 
Here is a visual of GS on the toilet and the SPX banging at the door.

<A HREF="http://smiliesftw.com"><IMG SRC="http://smiliesftw.com/x/toilet.gif" border="0" ALT="SmiliesFTW.com"></A>
 
That is a great chart. Now, the question is since we keep banging up here, will resistance break or will price again fall back down.

Personally I expected a bad Oct 2009 month, but maybe that is why they are tricking people and bringing the market higher this time.

Quote from ammo:

same res in djt
More...
 
Status
Not open for further replies.
Back
Top