ES Journal Archive (2011)
- Thread starter Buy1Sell2
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Damn. I played my hand too tight on that last one. B/E would have been enough. I think we goes down.
Back in short @ 89,50. Stop @ 93.
Back in short @ 89,50. Stop @ 93.
It seems like we`re attempting to put in higher lows here, but I`m not reading it too well.
Will bail at B/E if we don`t break further from here.
Will bail at B/E if we don`t break further from here.
1090 keeps being sold.
Because of the 20-EMA?
If I were flat, I think I would establish 86,25-90 as a dead zone in which I would not enter anything.
Breaking 86,25 should cause further selling, but I don`t know how much, so the R/R may not be favourable for a short. 1080 should be a likely target though.
Any ideas?
Because of the 20-EMA?
If I were flat, I think I would establish 86,25-90 as a dead zone in which I would not enter anything.
Breaking 86,25 should cause further selling, but I don`t know how much, so the R/R may not be favourable for a short. 1080 should be a likely target though.
Any ideas?
82 next. Will we bounce or is it back to the lows? Where is emg? 
long 85.5, 1 contract, tgt 89.5
They got me @ 88.
Not so sure what is next.
88 was by no means a capitulation level for the bears, IMO, it was just a minimum I wanted to take off the trade after it was very much in the green.
I anticipated that we would trade down to 82, much faster. Hence my "tight" stop.
Still trading below the 20-EMA and any touches from below (like right now), may be good entries.
For what it`s worth, I think I will see what happens around the 50%. Possibly done for the day.
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