ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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feels as if a lot of shorts took the bait these last couple points.
stops 17.5 to 19 push it to over 22?
Oh that would be bad, that would be a smoke job. This is the 3rd day 1110-1111 has held. I believe we take out the 22.50 high or we go fill that 1106-1105 gap by tomorrow. There's just too much support down there. We even got crappy numbers today and yet no major drop. Bad news, good PA is typically a bullish sign. I'm looking for 24.50 to start taking a short position. The only reason I'll consider a short is because we're up freaking 7% for the month.
Does anyone know the biggest percentage gain for a month since the 665 low?
I am short the GBP, and to try something different for the day, instead of averaging against my position, I have now added to the position as it went in my favor.
This is my 1st attempt at doing this, I plan to scale out of the add if market continues to go down, and then keep my original position to see if we get a strong run.
This is my 1st attempt at doing this, I plan to scale out of the add if market continues to go down, and then keep my original position to see if we get a strong run.
3 toed sloth. Moves slow enough to avoid falling out of the tree, yet fast enough to metabolize it's food.
Did you miss the "today is such a day" part? Here is the description of the pattern:
1. Usually starts to drop from the open, but have a bottom between 9:45-10:30.
2. From there it rallies and after hitting the upper BB, it goes about 30% higher than the BB widths.
3. From that high it drops until the W %R hits -100.
4. For the rest of the afternoon it goes sideway in a narrow range.
yesterday was the same, except the afternoon sideways part was a bit wide and volatile...
Since I already have the dragon, maybe I will just call it the gekko. I like simplicity...
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