ES Journal Archive (2011)

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Quote from Laissez Faire:

New lows! It has begun :)

The question is whether we will reverse after the gap fill or if we have potential to trade all the way down to Thursday`s lows.

While the recent average ranges contracted a little last week, it is still a reasonable target if we don`t reverse.
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Where do you see the gap filled?
 
Quote from Laissez Faire:

1199,25.

1200 may be enough.

Use a chart for RTH from 0930:0400 and you will not have to ask next time :)

Good trading.
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So, you referring to the close 2 days back. Correct ? because on Friday ES closed at 1220ish.
 
Quote from Laissez Faire:

1199,25.

1200 may be enough.

Use a chart for RTH from 0930:0400 and you will not have to ask next time :)

Good trading.
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IMO, we drop below 1200. i'm hoping to cover @ 1196ish, maybe lower
 
Quote from gmst:

So, you referring to the close 2 days back. Correct ? because on Friday ES closed at 1220ish.
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Looking at the one below, yes.

Being this close, one would think that one is filled first, but one never knows. That`s why one have to afford being wrong (tight stops). :)
 
Quote from Laissez Faire:

Looking at the one below, yes.

Being this close, one would think that one is filled first, but one never knows. That`s why one have to afford being wrong (tight stops). :)
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Thank you :)
 
Quote from Laissez Faire:

S2 = 1202.
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Interesting. Maybe these numbers are not so random after all. Any other reason we bounce from 1202? Not too far from Thursday`s highs, so that could be it I guess.
 
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