ES Journal Archive (2011)

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looking to long 1200 - 1203

Quite strong this, as it is holding at 06, not even a retest yet of the breakout point... I would think that buyers who missed out would want to get in if it gets to the 1200s area.
 
Quote from GordonTheGekko:

He told me today he's been piling up the shorts since Monday PM... last week was good, although after two days of persistence and a barely break even.

Kass is a simpleton. We go up for a few days straight, he shorts. We go down for a few days straight, he buys. Simple, and it usually works because stock market is usually mean reverting.
 
1203 would be the opening range high and current 50%.

If this buying persists, I highly doubt we will pull back that far before the high of day is in.

Emg target next :cool:
 
Quote from MarketOwl:

Kass is a simpleton. We go up for a few days straight, he shorts. We go down for a few days straight, he buys. Simple, and it usually works because stock market is usually mean reverting.

exhibit A traders are a cynical lot.......:p :p :p
 
are you on the bus LF?

Quote from Laissez Faire:

1203 would be the opening range high and current 50%.

If this buying persists, I highly doubt we will pull back that far before the high of day is in.

Emg target next :cool:
 
Quote from tstones:

are you on the bus LF?

Not anymore. I went long on the pullback to the opening range high @ 1203.

Looks like Josh have a shot at 1203 after all :)

That`s where I would be looking to go long as well, provided we get there and it acts as support.
 
that was 6 point in the green.

Has the market changed? feels like the "chop + up" days are back. I'm conditioned to smaller range in ES, will take profit fast.

Quote from Laissez Faire:

Not anymore. I went long on the pullback to the opening range high @ 1203.

Looks like Josh have a shot at 1203 after all :)

That`s where I would be looking to go long as well, provided we get there and it acts as support.
 
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