ES Journal Archive (2011)

[GordonTheGekko]

Quote from Laissez Faire:

This time, I`m not drawing new trend lines.

Good work. I'm nervous though!

 

[Laissez Faire]

The 50% has crept up to 34,50 now. Breaking below that and we`re ready for at least a test of the lows, yes?

 

[Picaso]

Quote from Laissez Faire:

This time, I`m not drawing new trend lines.

 

[gmst]

Quote from Laissez Faire:

The 50% has crept up to 34,50 now. Breaking below that and we`re ready for at least a test of the lows, yes?

so are you still sitting out ? without any position as of the moment ?

 

[GordonTheGekko]

Quote from Laissez Faire:

The 50% has crept up to 34,50 now. Breaking below that and we`re ready for at least a test of the lows, yes?

Reversal. Only problem is it's the fifth big one in the past hour!

 

[Laissez Faire]

Quote from gmst:

so are you still sitting out ? without any position as of the moment ?

Not any currently.

Just took a B/E on a short scalp, since 34,50 is a possible bounce. Could now be seeing a re-test of the breakout. Will probably enter short if 34,50 breaks in a way that I like.

Like I said earlier, trend lines tend to be very subjective, unless they really break. I`ve drawn three new ones the last hour. Often they can indicate a reversal, such as this morning, but they are still troublesome with regards to exact entry levels.

Thanks, Picaso.

 

[GordonTheGekko]

Bust above 1234 or below?

 

[letemrun]

my god the snow just started im short 36 plan to buy back 18.5

 

[GordonTheGekko]

Holy tape $hit!

 

[GordonTheGekko]

What you guys think? Break below?