ES Journal Archive (2009 - 2010)

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The big H&S reversal pattern on higher timeframes - 240-480min - is in danger.

The Dow already recording new highs for the year.

Guess those who had hopes a major correction was in the cards until last Friday must now start the waiting all over again.
 
Quote from Buy1Sell2:

I only concern myself with risk. Reward will take care of itself in the long run. :)
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Quote from lurefo:
Do you plan to raise your stop loss quickly, maybe on a touch of the yearly highs/daily up bollinger band?
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Well, raising your stop loss as price goes your way to protect your capital is about managing risk, isn' it? :)

I guess that's all you will share at this point and that's fine. We'll see how you will manage this trade.

In any case, I hope there will be scaling out in the process. hehe
 
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