9 point move from 5.25
50% retrace now
hold that and we will print 20-23 in next 24 hours
your stop is in the danger zone
ES Journal Archive (2011)
- Thread starter Buy1Sell2
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9 point move from 5.25
50% retrace now
hold that and we will print 20-23 in next 24 hours
your stop is in the danger zone
Quote from Laissez Faire:
Long @ 1312. Stop @ 1310.
Target is 1315, but will gauge momentum and the mood of the T-Day boyz
The bulls and bears are squaring off here. Considered taking a small loss @ 1311 for a confirmed re-entry with better R/R around 1310, but I`m holding the trade with my stop now @ 1309,50.
If 1310 does not hold, it`s back to 1305.
See if DEMTDAYBOYZ can print me a 17-19 in the next hour
1310,25 respected to the tick. Perfect double bottom. Looks like the 5-minute is now closing above the wedge once again.
Red alert over for now.
Should add that 1317, yesterday`s low is also a likely target for the day.
EDIT: Still some selling pressure here. Not convinced yet. Would not enter any new positions at this point.
Red alert over for now.
Should add that 1317, yesterday`s low is also a likely target for the day.
EDIT: Still some selling pressure here. Not convinced yet. Would not enter any new positions at this point.
Work on your patience.
The battle will be at 9 to 10
You exited 13 and jumped right back in at 12. ES exhibits quite a bit of mean remersion and you have to learn to use it to your advantage.
LF
You see the IHS on 5 minute ?
Shoulder ~10
You see the IHS on 5 minute ?
Shoulder ~10
Yeah, was afraid to miss the move. Looks like I would have gotten my fill @ 1311 after all.
added to long at 10.5
stop is 08 on all
stop is 08 on all
I hate it when the retail gets so bullish ...
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