ES Journal Archive (2011)

[Picaso]

Quote from Picaso:

DOM skewing near the top of the channel...

(likely to break up, at least for a stop run)

 

[JoshDance]

Quote from JoshDance:

long 79

out part 80, looking for 82, stop to 78.75 on rest

EDIT: out rest 80

 

[DanS]

Out at 80

 

[ammo]

add 80

 

[Pholeuon]

1300 is out of boolinger bands on daily. Very unprobable in this situation.

 

[JoshDance]

So, break outside of IB, and back inside. Good short, or simply a retrace before continuation up?

 

[Laissez Faire]

Quote from Pholeuon:

1300 is out of boolinger bands on daily. Very unprobable in this situation.

But it could happen, right?

Nice reversal off the gap fill and back into the opening range.

Would be very cool if we reversed from here.

20-EMA though. Could hold.

 

[Laissez Faire]

Quote from JoshDance:

So, break outside of IB, and back inside. Good short, or simply a retrace before continuation up?

That`s the hard part.

Often it is respected to the tick. Other times it is overshot.

Got the gap fill though, so that could favor a short from here. Several below.

Looks like unless one shorted 80, it could be a little risky to enter from here, yes? EMA at 78.

 

[ammo]

we could go down and touch the 65-67 area

 

[JoshDance]

Quote from ammo:

we could go down and touch the 65-67 area

69.50 would be my downside target, but hard to tell if we go down or go up