ES Journal Archive (2011)

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Quote from Pekelo:

Entry is obviously when he posts the entry target, in the direction of the target...

Case in point:

Quote from emg at 10:57 am:

plan on going long 1151.25 dec

That pretty much was the HOD, so if you shorted it according to the rule, you made a gazillion points, and you could have invited him to the watering hole... :)

Have a nice weekend...
 
Quote from Chuck Krug:

what does that mean, ammo?
charlie,that flat line early starts a trend day,you watch for it to hold the ratio,if it doesn't look for a reversal,it was too early for a confirmation,but if you were short with the trend,you want to make sure it,the ratio,doesn't lose strength10/1 then 5/1 was losing strength,cut the ratio in half,the too early part is that in the first hour,you had only seen the first line of defense or offense reacting to the open push,had i been short that was near the 1166 area LC and vol and a few others mentioned,and i would have covered a few,too early in hindsight ,but the uvol dvol ratio shows you the cards in plain view ,add that to your targets ,supp/res,there was tl supp in the eur also,had it reversed ,and you had taken a few off,you would have still had a profit for the day,if it kept going which it did,you had more profit,win ,win
 
that ratio kept getting more lopsided as the day went on,the flat line held,the trend day rule of don't fade a trend day would have been evident and kept a contrarian from getting fooled, giving back his weeks work
 

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The eve before crash week and nobody posts!. hehe. It figures: Everyone is long or flat and praying for a rally to get out breakeven or short...I wonder if the market will oblige...:D
 
Quote from HeraclitusDemo:

The eve before crash week and nobody posts!. hehe. It figures: Everyone is long or flat and praying for a rally to get out breakeven or short...I wonder if the market will oblige...:D

Flat but not praying, well except for the family's well being :)

FoN
 
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