ES Journal Archive (2009 - 2010)

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Quote from schizo:

This is what I was monitoring. Everything kinda all lined up, eh?
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Nice chart Schizo. But where's the horizontal S/R line at 68.75, showing today's high matching the 5/6 high almost to the tick? :)
 
Quote from schizo:

Close enough. I have 50-51 as the reversal. I'll take a small stab with the stop just below 48.

Or maybe we turned the corner already. I'll post a chart shortly.
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depends :)

48 would perhaps trigger some bigger selloff.

Personally I wouldent try a bounce ....

especially due the fact of higher TF chart's look pretty much doomed.
 
I think you need a few more trend lines, but looks good. Been up and then BE then back up today. After getting to around a profit goal I was happy at with real money, I switched to sim and proceeded to make a ton of mistakes including chasing the market and ended up down alot in sim. I was not able to trade Monday. I have been seeing some nice trades after hours that would work out for a nice amount of points if I used no stop, but have not had the balls to put them on.

Quote from schizo:

This is what I was monitoring. Everything kinda all lined up, eh?
More...
 
Quote from oraclewizard77:

I have been seeing some nice trades after hours that would work out for a nice amount of points if I used no stop, but have not had the balls to put them on.
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No offense but that's a typical loser's mentality. Imagine what would have happened if you didn't place a stop last Thursday?

ALWAYS USE STOPS! Even if you get stopped out, you can always get back in and usually at better prices.
 
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