ES Journal Archive (2011)

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and -----1180 area again although it didn't quite make it yet. On very short term charts that appears to be the resistance, so that's the level that would need to be breached and held to go higher. I still think we are consolidating here and market could rise quite a bit say mid 1200's (or even higher) and I would still think it's just a bear market rally/bounce.:)
 
buy1sell2> do you rade the bounces as well? with options or etfs or different future contracts? if not. why not?
i rememebr you mentioned commissions in the past.

Chuck
 
Quote from Chuck Krug:

buy1sell2> do you trade the bounces as well? with options or etfs or different future contracts? if not. why not?
i rememebr you mentioned commissions in the past.

Chuck
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Not on the day trade frames because I don't normally trade those frames. But yes, if I missed the first salvo or if I have removed a full position with profit or have been stopped out. This would be on longer term frames. :)

Just futures.
 
Quote from Buy1Sell2:

and -----1180 area again although it didn't quite make it yet. On very short term charts that appears to be the resistance, so that's the level that would need to be breached and held to go higher. I still think we are consolidating here and market could rise quite a bit say mid 1200's (or even higher) and I would still think it's just a bear market rally/bounce.:)
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This has seemed to hold true so far, like the call.
 
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