ES Journal Archive (2011)

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NQ looks a lot weaker.

But YM filled it`s gap.

Testing day`s mid now.

Day`s mid acted as resistance.

And volume is still declining.

Grinding around here for a while? :confused:

We should be setting up for a breakout either way.
 
Short @ 1301. Stop @ 1303. Targeting 1298.

Will probably reverse for a long if stop is hit and we close above 1304.

Less than optimal entry here. Used a sell stop for entry and combined with previous experience, I have learned that it is not optimal on the ES, at least on slow days.

It seems like on 90% of all entries, one usually have the opportunity to get a retrace.

I still think an orderly sell-off to 98 is due, before the t-day crew can rally this into the close :cool:
 
Quote from Laissez Faire:

Short @ 1301. Stop @ 1303. Targeting 1298.

Will probably reverse for a long if stop is hit and we close above 1304.

Less than optimal entry here. Used a sell stop for entry and combined with previous experience, I have learned that it is not optimal on the ES, at least on slow days.

It seems like on 90% of all entries, one usually have the opportunity to get a retrace.

I still think an orderly sell-off to 98 is due, before the t-day crew can rally this into the close :cool:
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tday validation just has to make it positive from mon or wed close at some point during the day,that has happened
 
Quote from Laissez Faire:

Price broke out earlier than I anticipated.

Why did price stall @ 1303? Completely random or because it is the current day`s mid?
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No, I don`t think it`s random, LF :)

It`s also a confluence point aligning with yesterday`s high area.
 
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