Good morning gamers!
ES Journal Archive (2011)
- Thread starter Buy1Sell2
- Start date
- Status
L@18.50
St@16
Edit: make that St@15.50
St@16
Edit: make that St@15.50
Stop out.
Now it can go up to 22
Now it can go up to 22
Falling knives, brother.
I tried to sell 18.50 for a move to 15.50 but it ran away from me.
1215 first stop below.
1214. 1212. 1208. 1195. 1186.
I think I would prefer to see 1215 break first, but the support zones are very close just below that, so the R/R may not be acceptable unless one can quickly take a breakeven stop. :eek:
1214. 1212. 1208. 1195. 1186.
I think I would prefer to see 1215 break first, but the support zones are very close just below that, so the R/R may not be acceptable unless one can quickly take a breakeven stop. :eek:
Quote from keeptradin':
Falling knives, brother.
I tried to sell 18.50 for a move to 15.50 but it ran away from me.
Wow selling 18.50? You figured it was good for 3 from there? You know smthg i don't apparently
Another 50% failure there at 1219. Overshot it by one point though.
Quote from macho grande:
Wow selling 18.50? You figured it was good for 3 from there? You know smthg i don't apparently
I only know what I see, and I saw that trade working.
Interesting how it went to 15.50 then reversed, probably wouldn't have gotten filled at that price.
I wasn't trying to rub salt in your wound, just pointing out that long in a downtrend seemed risky. But that's just my opinion.
Failure on the fib retrace? Have you found 50% a reliable sign?
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