ES Journal Archive (2011)

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Quote from bigsnack:

Thanks Josh. I got one tick stopped unfortunately, holding through the pullback because I was expecting 51's right away. I chased a bit after for two quick scalps. On to the next one! :)

I was one tick stopped yesterday, and while I appreciate being "almost right" I think sometimes I'd rather it blow through my stop so that I was dead wrong and can't get a case of the "coulda woulda shouldas". Yesterday I was also not filled on the low tick before the nice move up (17.75 I think)-- these things can be quite frustrating.

Keep up the good work and keep showing us how it's done.
 
spx near tl,b1 s2,if i wait for 57 on the previous es 10 day and go all in,i might get a better fill,if it doesnt get there,i have nothing,so i avg in and if wrong adjust,if right i'm short at a lower price and still profit as in not short because i missed by a point or 2,flexible or stoic
 
Quote from Laissez Faire:

Considering that we ran up 18,75 points in one single leg, this is not a surprise, but do you find that on average this type of reading suggests that the buying will continue?

Sorry for the late reply, LF, but my back is killing me (took a break).

Like with everything else, you have to look at any volume reading as what it is at that specific moment. It can of course change in the blink of an eye.

However, big differences tend to indicate continuation.

Same with the TICK.

I see what - I think - Ammo is looking at and it too makes sense, though.
 

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