ES Journal Archive (2009 - 2010)

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Quote from Pekelo:

There was a mini dragon on the 5 min futures chart in the last hour.

1st bottom : 73.75
2nd bottom: 74.5
Height: 2.5 pts
Failure at 75.5

So the 3rd bottom was expected at 75.5-2.5=73 and it occured one tick lower.

Bottom line is you should have gone long there, based on the pattern, not short it....
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you have your system and i have mine...and sometimes they dont agree. i have to go with what i got. ive already wasted months before trying to adopt everyone else's ideas except mine.

thanks though.
 
Quote from feng456:

market making full point moves on 4k volume...where are the sellers?
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They're waiting for the new home sales and crossing their fingers it's not too manipulated :p
 
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