ES Journal Archive (2011)

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Quote from volente_00:

lucky guess ?


You posted about 20 times today and one of those said we would trade down to 1300 from 1315 which never materialized.

You had no idea what the reaction would be to the fed minutes so your long trade was very risky


where was your stop had your gamble been wrong ?



r10 is add or subtract 10 points to the previous reaction low or high to get the next reversal area.
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Yes, I was wrong about us taking out 1300. When I realised that the dominant swing would be up, and the downswing would be smaller, I posted to get long and stay long ahead of the 09.30 open.

Being long wasn't "risky", the Fed is irrelevant, and the only people who did any gambling was those who were trying to short a market which was clearly being squeezed.

That is all.
 
Quote from Blotto:

.

Being long wasn't "risky", the Fed is irrelevant, and the only people who did any gambling was those who were trying to short a market which was clearly being squeezed.

That is all. [/B]
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after the fact summary,the past, is clearly obvious
 
lot of entertainment on this blog today.

Blotto, would you please tell everyone how you arrived at 23.25?.....the suspense is killing us !....lol
 
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