ES Journal Archive (2009 - 2010)

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This is a complete mess from a TA standpoint. Trend is clearly up, which makes shorting a big NO NO right now.

However, these frequent upgaps have been taking away almost all the fun for daytrading bulls.

Right now we are too high to buy and too uptrendy to sell. Will just sit and watch.
 
Quote from fseitun:

This is a complete mess from a TA standpoint. Trend is clearly up, which makes shorting a big NO NO right now.

However, these frequent upgaps have been taking away almost all the fun for daytrading bulls.

Right now we are too high to buy and too uptrendy to sell. Will just sit and watch.
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If you're into risky businees, buy.
If you're into riskier business, sell
 
Quote from volente_00:

I think my r10 sarcasm went over your head.


26.5 50% on it
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missed it , totally, your r10 , your saying 50 % retrace ,26,5 , i would have had it ,instead of 25, thanks,still, even now, i just got that, u can see the trouble i have with porge
 
Quote from Eko_Trader:

If you're into risky businees, buy.
If you're into riskier business, sell
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That pretty much sums up what I wanted to convey.

However, I like to take risks when I know the potential rewards.

Let's just say this type of price action isn't fitting into my trading plan.
 
Quote from Pholeuon:

Unbelievable low volatility looking at fact that we are:
1. beginning trading day
2. starting at R2

This is not normal. I am afraid that we just will stay here like death whale on beach.
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3. on a NFP Friday
 
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