S/R Emini Journal

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Quote from MiniDowTrader:

ZZZZZZZZ........
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yeah well, you're the one who decides to play Tiger Woods before the afternoon session is over (but then again, if you were in profit, that could've worked for you :) )

not expecting much in the way of trends today, but I'm short @ 1269.75.

morn'in gents,

jimmy
 
Quote from boro45:

As much as I prefer to enter a trading day without a directional bias, it sure looks like it's gonna be a down day--particularly in the first hour.

Should be fun.
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whats the reasoning behind??:)
 
Quote from JimmyJam:

yeah well, you're the one who decides to play Tiger Woods before the afternoon session is over (but then again, if you were in profit, that could've worked for you :) )

not expecting much in the way of trends today, but I'm short @ 1269.75.

morn'in gents,

jimmy
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LOL!

Hey Jimmy. Good luck with that trade my man!

I took the YM short....trying to squeeze a few points out of it today.

MDGolfer
 
Quote from ksonsinc:

hey jimmy
what if the Es holdon strong at 1269 and always bounce back do u think it is worth going long
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There is s/r there.

so, once you:

a) filter that technical analysis with at least one tool (if not several) that can tell you to initiate a position, and

b) use good money management to control your risk, i'd say,

c) yeah, go long if you wanna.

later,

jimmy

BTW, taking an excerpt out of boro45's book (ah isn't wornderful how we can all learn from each other) - my short came in an my greed's (read, overtrading) in check, so i'll drop back for the afternoon session's fun (where you at MDT?, maybe we could catch a few ...)
 

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Quote from volente_00:

10:30 reversal anyone ?
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dude, i was so just looking for you.

my belly's full (and i don't do reversals-because i can't game them) but i think we should see som back-and-forth action after the last couple'a days' extreme price movement.

later,

jj
 
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