ES Journal Archive (2009 - 2010)

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Why would we hit the 1160s if this is topping? On the cash this looks to be the place for a turnaround since we'd form a double-top with Thursday's high. Wouldn't a move to 1160 indicate a breakout?
 
that spx tl is from oct 07 and apr 10 high,so a major tl, they usually hold,but breakouts happen,just saying if we breakout, i just use the tl's and market profile as... if we are going up ...to where?.. or down ...same thing
 
We are in uptrend channel on daily, therefore resistance line is trending up as well. Today 60 will be breakout, tomorow will be not.

Quote from Decel:

Why would we hit the 1160s if this is topping? On the cash this looks to be the place for a turnaround since we'd form a double-top with Thursday's high. Wouldn't a move to 1160 indicate a breakout?
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btw, we are oscillating here so much that I do not think that we can miss 60- true breakout or false aka bull trap
 
Quote from Brianharvey:

closing the 1130 long here for +18!
Closing the 42.5 for + 5.5

still holding the 49 long :)
Best few days in ages! Dips give opportunities to go long.
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Superb.
I actually had similar entries (apart from your initial 49 entry) :)
Too easy :cool:
Im cutting down my posting nowadays. I'll leave the bears in here to it, lol.
 
Quote from Brianharvey:

closing the 1130 long here for +18!
Closing the 42.5 for + 5.5

still holding the 49 long :)
Best few days in ages! Dips give opportunities to go long.
More...

Hoping for like +10 on this 49 long. If it starts to go down ill start longing it again.

thx aw
 
Quote from pocketmoney:

+2.5
Im loving the 'long only' strategy, lol.
Starting to wish I had have done this with my main account.
It just goes up and up all the time, lol!
Limit in to buy again at 1143
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out for plus 10 points.
Limit in to buy at 1149
 
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