ES Journal Archive (2011)

Status
Not open for further replies.
out BE on 2nd half. Way too much work for so little dough as I'm fighting trend. That last little drop is what I've been waiting for and missed it initially at least.
 
Long @ 73,50. Stop @ 72,50. Target 80.

Will probably reverse if stopped.

Looks like a potential double top at ES and YM.

3 ticks short of complete gap fill. Perhaps that`s it.
 
Quote from ammo:

spx ledges and nip,,//////////big snack,we could hit that 85-87 nip,that would put the spu's up 48-50 pts,anything over 30 is max daily range
More...

You also have SPX 200-day right here @ 74-77.

Good stones ammo ... it's not supposed to be too easy. :)
 
Quote from bigsnack:

.02 as always :)
More...

I'd say that's worth at least $1 ! :-) Thanks buddy.

My short at 69 was based on this very premise -- this is current profile but it looked similar minus a little volume at 69 I think. Thanks for clearly stating what you said, it's very reasonable I think. I would like to formulate some similar ideas more objectively than they currently exist in my mind. Would you say that in a bullish environment that price will tend to stop at the top portion of a volume cluster? And if it moves beyond that, that it will tend to go all the way to the bottom? In other words, if they can't stop it at the top, wait till the bottom? Hard to generalize I know but just looking to pick your brain a little on this.

http://screencast.com/t/rqisnqse
 
Quote from Laissez Faire:

Long @ 73,50. Stop @ 72,50. Target 80.
More...

Nice entry LF, it's the high probability trade and smarter than fading, but for some reason for me it takes more guts to take this than fading.
 
Status
Not open for further replies.
Back
Top