ES Journal Archive (2009 - 2010)

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Quote from petty1978:

Market could pull back here to 1077, then push to 1101.50.
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Looking at my trading models, when I receive a signal that says "down side 1077" and this does not play out, we track these and build opinions around all failed signals...the higher the density the more the "rally" or "drop" is just noise and the initial move has potential for a fast reversal.

You enter trades and you test the markets and they show you the "path of least resistance" SO 1101.50 currently is the "short-term" (3-6 hours) path of least resistance. Don't fight it.
 
wow, a pullback to a 5 min or even 15 min EMA would be nice. Too difficult for me to buy at these levels ! ugh. What a waste of a trading morning. I hate not being able to trade early in the AM. Usually some nice signals then....but not today :(
 
Quote from wave:

so are you running for idiot savant today or incognito for emg?
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I wonder when he is going to explain his system as a gratitude for perfecting it, after all we made it at least 500% more efficient. The minimum I would expect him to share it, I don't really need a thank you. :)
 
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