ES Journal Archive (2011)
- Thread starter Buy1Sell2
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Quote from Laissez Faire:
May be worth observing that NQ did not make new highs for the day. This top was sold for now.
Nice observation, Tomahawk. Are we short?
We'll see how it plays out. I see a couple reasons there could be a higher entry, but it seems to be holding for now. ("We" shorted for a scalp initially ...
.)Edit: btw, good observation yourself on NQ, and thanks for pointing it out.
Quote from tomahawk:
We'll see how it plays out. I see a couple reasons there could be a higher entry, but it seems to be holding for now. ("We" shorted for a scalp initially ...
Edit: btw, good observation yourself on NQ, and thanks for pointing it out.
Good one.
The top was sold for now and TICK is dumping. It does look like a top, don`t it?
It`s just that we`re now at the 50% level at 16,75, which could act as support for a new push up.
It does look weak to me right now though.
Euro did put in a higher low on this push down, but the market appears weak to me.
Thinking a strong break of 17 validated by time, could be a confirmed short, but this market is very deceptive.
The 50% is holding well for now. Remains a fake break and a nice trap for early shorts.
Let`s see what happens.
Let`s see what happens.
Placed a bet here.
Short @ 15,50. Stop @ 18,50. 1st target 06,50.
Come get me or pay me my money down.
Short @ 15,50. Stop @ 18,50. 1st target 06,50.
Come get me or pay me my money down.
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