ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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For a second there I thought 22 was gonna happen. Gotta love the bulls.
The only reasonable hope for downside today is a breakout in the dollar.
The dollar has not sold off with this rally and is at the highs of the day. The market isn't watching this for the moment. Everything looks ready for a reversal except price... and that can be problematic!!
The dollar has not sold off with this rally and is at the highs of the day. The market isn't watching this for the moment. Everything looks ready for a reversal except price... and that can be problematic!!
Everyone knows 1150 ...
All longs now are trying to squeeze out this 1% extra at 1150.
Yet they are feeded with as much as they are asking for.
Things not adding up here.
Quote from JSSPMK:
Let's face it, you don't really know where this is heading, if you do, then let us know
but isn't this the story of this thread.
the Es has a long bias in this moment (who cares why!), so why not just ride it for the longs and grab the quick shorts as they present themselves.
you guys are making this trading thing harder than it really is and at the same time you are missing what is vital.
A drop to 35 cash, could set up an inverse H&S
I see a resemblance in both today's and yesterday's NQ chart down to the time line. If it plays out just right, I believe the shorts will win.
Wave may have the last laugh here.
Wave may have the last laugh here.
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