S/R Emini Journal

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Market appears to be headed for an up day ... stressing the word appears, with this one it's always deceiving.

Nevertheless, Long at 1254.75, we'll see how this one plays out.

Later,

JJ
 
Quote from JimmyJam:

Market appears to be headed for an up day ... stressing the word appears, with this one it's always deceiving.

Nevertheless, Long at 1254.75, we'll see how this one plays out.

Later,

JJ
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Short and Sweet :D

Later,

JJ
 
We've got the what, and now the how.

Market gapped-up above previous sessions' resistance level, formed a bull flag, and I took the flag.

Thanks for uploading all of those documents Gary, that info comes in kinda handy when it's time to take a trade.

Later,

JJ

P.S. It's very different if you're used to fading trends, because the market extends itself, retraces and then just keeps on going.
 

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Boro-hope you've already hit your targets today.

Good job Jimmy! Unfortunately, I passed on the same trade on the YM. Geez!

Monday's have been a bad day for me so I decided to sit tight today. Could turn out to be the wrong decision. :mad:

I'm also on vacation this week but that just means I'll be heading to the golf course instead of work in the afternoons! :D

Good luck today guys!

MiniDowTrader
 
there is a possible flag forming on a daily chart, but we are probably a couple of weeks away from the resolution, that obviously depends on what will happen in the meantime.
 
Quote from volente_00:

Damn I love my rules.


:)
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Then we should be selling now. By the way I do agree with your rule of 10 depending of course upon the strength of the market at that point.
 
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