ES Journal Archive (2011)
- Thread starter Buy1Sell2
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LF, haven't we retraced more than 50% here, HOD to LOD? 
Quote from macho grande:
LF, haven't we retraced more than 50% here, HOD to LOD?
50% is at 64,50 and currently short-term support.
Not sure how pivotal it is on a day like this though.
Looking at the swings, we may just have formed the right shoulder on a H&S. Re-test of the trend line break or whatever you want to call it
here's a thought.. if we fill the gap above now (next hour or 2) is that bearish or bullish on the day?
ps i'm killing the EURO right now scalping the crap out of it
Quote from macho grande:
ps i'm killing the EURO right now scalping the crap out of it
Nice. But don`t average down.
Quote from Laissez Faire:
Nice. But don`t average down.
only sure bottom and tops pickers don't avg down, i'm not that good
Quote from macho grande:
only sure bottom and tops pickers don't avg down, i'm not that good
The alternative is to wait for a bottom or a top to be formed.
You will get less profits (on average) per trade, but the win percentage is usually higher.
Just a matter of different styles, that`s all.
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