S/R Emini Journal

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Quote from romik:

Hey Guyzzz, here are my S/R for today so far.

R 83.50
S 79.25
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I can see why you selected these numbers...It is getting stronger on both. Have you made any trades this morning?
 
Quote from JimmyJam:

Believe it or not, yeah.

This #@!# market kissed 1283 (stop @ 1283.25) a couple of times. Looks like it's either going to consolidate or turn around and drop (which is what it's supposed to do) :p.

I've decided I don't like Martingaling (too much risk if it don't work out).

In the meantime, I really need to get some coffee.
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I have done it before also but I wouldn't suggest doubling up just to do it. That is revenge trading. And that just puckers up my butt cheeks.
 
Quote from 4re:

I can see why you selected these numbers...It is getting stronger on both. Have you made any trades this morning?
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My DELL's gone to heaven last night, I am on a laptop at the mo, so no trades, just research and blah blah blah with you guys :)
 
Quote from 4re:

When I get confused trying to figure out what they are doing, I stop playing for the day and watch. Every now and then they will tip their hand to you if you sit back and wait. Nothing is telling me to buy or sell right now anyway.
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My money (and indicators) say it's gonna come back around to the short side.

How hard remains to be seen, but there was not follow-through to that double bottom which prompoted the surge, so I'm expecting crashola.

Later,

JJ
 
Quote from romik:

My DELL's gone to heaven last night, I am on a laptop at the mo, so no trades, just research and blah blah blah with you guys :)
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Boy, that is good advertising for DELL...My HP was locking up this morning also, if that makes you feel any better
 
Quote from 4re:

Boy, that is good advertising for DELL...My HP was locking up this morning also, if that makes you feel any better
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they all break down one day, it served its purpose
 
I bet there are a lot of stops just above 1283.50 and just below 1279. Therefore the market may not move until one level is taken out.
 
Quote from K-Rock:

I bet there are a lot of stops just above 1283.50 and just below 1279. Therefore the market may not move until one level is taken out.
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Here's what the markets are giving traders today. :D
 

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