ES Journal Archive (2011)

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Quote from JoshDance:

filled, stop 58.50
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Josh, in my experience when the market is on a run, it is much more likely to stop / pause / reverse at the "ledges" of the profile as opposed to the high volume node. So here it would seem that your stop was actually where your entry could have been. I think that was a tried and true comment that NoD made a long time ago as well if I remember correctly. Just my .02 of course :)
 
Quote from bigsnack:

Josh, in my experience when the market is on a run, it is much more likely to stop / pause / reverse at the "ledges" of the profile as opposed to the high volume node. So here it would seem that your stop was actually where your entry could have been. I think that was a tried and true comment that NoD made a long time ago as well if I remember correctly. Just my .02 of course :)
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Good point, thanks for the advice -- should have waited for confirmation... and even now, while the location feels better (short 58.25), not thrilled at it so far
 
price consolidating, then going up. again and again...rinse and repeat

Are we witnessing a trend up day ? or is it going to reverse and we going to witness a deep pullback ?
 
Quote from satchel:

are the piker longs loaded up yet?
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apparently no? yes? feeling the heat on my entry short, decision time, more short setups here going to give it a little more room or cut out for a loss.
 
uvol dvol has a sputtering reversal rally the crossover doesnt show the reversal in after hours,if there wasnt one , then the reversal would have strength,because there was,it's possibly just another crossover showing lack of conviction from either camp and revert to mean
 

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