ES Journal Archive (2011)

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i'm no genius, but being a RTM trader mostly you have to have the radar that says it is a trend day. and my friends it is a TREND DAY DOWN. no buying or fingers get burnt.
 
Quote from noone3:

taking a 63 short here thinking the highs will not succeed
65 will be the stop, bottom of range the target

(still holding a 44 short from Friday)

out 46 on this one
 
Very nice noone. I would have gotten out at 46 as well. I wouldn't risk retracing 4 pts for 1 or 2 more points from here, unless of course you wanted to wait longer time frame.
 
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