ES Journal Archive (2011)

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Looking like a potential bull flag still. Should break out soon though.

Bounced 2 ticks off the 50% level on that push down, looking oh so bearish.

Thinking a break of the 50% could be a short. Not reading it too well, so I may be done for now.
 
Quote from Laissez Faire:

Looking like a potential bull flag still. Should break out soon though.

Bounced 2 ticks off the 50% level on that push down, looking oh so bearish.

Thinking a break of the 50% could be a short. Not reading it too well, so I may be done for now.
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the play is being determined at this moment
 
Quote from Picaso:

Yes, I have the same problem with waiting for pullbacks... when it's at 10 you think "oh, I should have bought at 4, if it pulls back to 5, I'm buying"... but then when it's back at 5... "but what if 4 doesn't hold..." and then at 6 "oh, ffff... now the stop is getting too big..."

etc.

etc.


:D :p

But hey, from here is +20... surely worth a few points to find out... :)
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I think this problem is one most can recognize. :)

It usually looks really ugly just before it turns and that`s why it is often hard.

I still think a breakout of the highs would be my only acceptable entry to the upside.
 
Quote from tstones:

I know I've always respected emg target. but this late into OE week, I would think MM has taken the ball close to where they want. Unless they are out of control.

if it does go to 1225, that money doesn't belong to me so I'm ok to miss it.
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But if that is your reasoning, it should not be any problem pushing it back up to 1225?

I mean if 1225 is a target they are looking for.
 
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