ES Journal Archive (2011)

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Quote from i_c_fed_people:

See what I mean? :D

you can honestly get long anywhere you like, and you will make money. Been that way for a long time. See you at DOW 30,000 :cool:

Awesome...I was right there with you, only I only invested peanuts. Need to find a way to sell my picks to make more money. Gotta disagree with you...you can't just go long...as you know. Gotta know when to zig and when to zag. Today all my charts were clear on what to do. Congrats on a good day.

SM
 


Yep, Yep, Yep. What daytraders were seeing as chop, us swingtraders were seeing as an uptrend. It was strong enough to daytrade. Because price is (now) so far above the M.A. and price loves to revert to the M.A., I kinda think we'll see a 1-day reversal, like a red candle on an otherwise upward trend, and then the trend will resume. Alternately, we might just see sideways action. The smart move might be to short tomorrow with a tight trailing stop and watch the larger cycle for the upswing either end of day Weds or Thursday.
 
Quote from pauk:




Out here for +5.5 points!
risk free trade :cool:
Llimit long is back in at 1350

should have held it a little longer. Even higher now.
Looking extremely strong. Hoping to get lucky and get a small drop to get me long again.
 
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