ES Journal Archive (2011)

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Quote from ammo:

i find it difficult to open trades at the nip,sort of a neutral zone,wait for it to move above or below ,like to trade to it and close
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Ammo, was it you who mentioned that trades started at the cleavage had a much better chance of making it to the nip than the other way around? I'd swear I'd read something about it on this site.

Edit: Many thanks, Ammo. :)
 
Quote from Picaso:

Ammo, was it you who mentioned that trades started at the cleavage had a much better chance of making it to the nip than the other way around? I'd swear I'd read something about it on this site.
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when you are moving in either direction,ledge cleavage ,nip are in my mind magnets,once we reach them i like like to get flat,unless it has been a big run and then i look for a reversal,the previous comment was daytrading the nip on the mp chart for today,with the criss cross suggesting we were going nowhere ,you look for areas of supp or res to buy or sell back to the nip
 

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Quote from Picaso:

Ammo, was it you who mentioned that trades started at the cleavage had a much better chance of making it to the nip than the other way around? I'd swear I'd read something about it on this site.
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i still think that spy is calling for the magnet to be tagged
 

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