Kudos to MMs

I still have a three handle stop loss. The one thing that will cause me to defend myself is if NQ decides it wants to go higher. In this case I will go long NQ instead of exiting ES. Then as NQ weakens again, I will let go of NQ long being fully exposed short with ES.

This is difficult to do unless you have the strictest discipline.
 
QM is down almost $4 (6%) and SIFs _still_ holding the ghost.

Gawd only knows what is holding it up. I should be up ten handles on my trade :( Mr. Magoo I tell you...
 
Quote from nitro:

Right, in the absence of any skill whatsoever I would be expected to see enough loses to make the trade unenviable.

I believe that my edge is better than 52.5, closer to 65% in this case.

I am short ES 971.75 pre-market.
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Looking very good for you. Good luck.
 
Dollar's gone ballistic. It's bumping resistance @79.72, but after that there's no strong line until 80.7 - 81.15. Things might get interesting indeed if that 79.72 line is overcome.
 
Quote from ivanbaj:

Looking very good for you. Good luck.
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I feel tenuous. Fortunately, it is just routine. But I got a feeling this one gets stopped out too.
 
Quote from trefoil:

Dollar's gone ballistic. It's bumping resistance @79.72, but after that there's no strong line until 80.7 - 81.15. Things might get interesting indeed if that 79.72 line is overcome.
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Ja, interesting oil and the dollar are in lockstep, but no one has the desire (will ?) to sell gold.

Strange...
 
Quote from ivanbaj:

Seeing all this would you be long ES? I think not.
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It could very well be right for _you_ or anyone else that doesn't believe in "FV" to do exactly that given the evidence. I will not trade against "FV".
 
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