ES Journal Archive (2011)
- Thread starter Buy1Sell2
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For a moment the market looked like it was screaming, "I`m going higher, wanna come along?", but then it reversed off the highs.
We could be seeing just a nice pullback here. Those who can read it and execute will get paid
It`s easy to get become blind to the upside with a gap below and that can be very expensive.
We could be seeing just a nice pullback here. Those who can read it and execute will get paid
It`s easy to get become blind to the upside with a gap below and that can be very expensive.
Triangle formation setting up. I think maybe we go down now.
Or just trapping me.
Entered short @ 1179. Stop @ 1183.
Sorry, emg
Quote from Laissez Faire:
Or just trapping me.
Entered short @ 1179. Stop @ 1183.
Sorry, emg
Yeah, sorry that I was stupid enough to bet against you
Stopped for a painful 4 point loss. Done for a while/day now.
Nice entry.
What are you inferring from the TICK at the moment? I`m looking at 1-minute values like you suggest now, and it does seem to be trending downward, yes?
My subjective interpretation (as always), say that we may be forming a wedge formation here. The upwards slanting wedge is by definition a bearish formation.
No matter what it`s called it is obvious that this is a period of indecision, setting us up for a break either way.
Cool. I was just wondering if I were following along correctly
I wonder which magnet is the most powerful, emg target above or the gap below? Both obviously powerful magnets
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