ES Journal Archive (2011)

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I wonder if we just put in a 1 tick lower double top. Feeling a little nervous here with my position.

One should however think that emg`s order up there should act as a magnet :)
 
Quote from Laissez Faire:

I wonder if we just put in a 1 tick lower double top. Feeling a little nervous here with my position.
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Nothing in the volume or order flow objectively indicates that, though anything can happen.
 
Quote from Laissez Faire:

Long @ 1205,50. Stop @ 1204. 1st target 1210.
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They got me on a trail stop @ 07,50.

I hope that was not the low of the pullback, but that was all I was willing to let them take.

Considered bailing on the potential double top, but I`m greedy as well :)
 
1 tick lower high and a trend line break now is a sign that the bulls may be losing control, although they could just be running stops to shake out weak hands like me :)

If this 5-minute bars closes below the trend line, I may be shorting a test of the trend line break.
 
Quote from bigsnack:

I think you know how this story goes ;)
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I hope I do :)

Sold 1207,50. Stop @ 1209. Target 1203.

EDIT: Will observe if the 20-EMA will be a potential bounce point. If so = exit.

2nd EDIT: Stop @ 1209,50.
 
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