ES Journal Archive (2011)
- Thread starter Buy1Sell2
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Quote from eudaemon:
Are you betting on a deep decline before magical TDAY bullishness recovery?.
If it can be kept below 11 for an hour or 2, the whole thing will disassemble and it will look like the demise of capitalism for a few days.
if 11-14 holds then 90 % chance we print 30-40
open gap from last friday on cash is a start
reduced at 15.25
stop staying trailed
stop staying trailed
notice we got a 9 point retrace from high
the unknown is will we get just that or closer to 11 or will it be 10 from 22
50% is ~1313.5 on 5 day
flexibility is key
the unknown is will we get just that or closer to 11 or will it be 10 from 22
50% is ~1313.5 on 5 day
flexibility is key
SHORT 1318.25
Stop 1320
Target New Lows.
Weak Number, downtrend, pop off open. We should see some weakness, if not, im getting out.
Stop 1320
Target New Lows.
Weak Number, downtrend, pop off open. We should see some weakness, if not, im getting out.
Took two tics. Getting a feel for the market right now. I realized the pop off the open was quite large and I feel there actually could be some upside.
9:44: bleh.. conflicted signals. my 10 min looks down, shorter time frames look strong up. staying on the sidlines till major move.
I'm scaled into the long from 15.25. Will add at 11.25, 12.25, 13.25 if we get there stop will be around 08 on everything
reaction from shitty economic numbers revearsed at the pivot.
Dow/YM Really weak.
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