S/R Emini Journal

[romik]

Quote from volente_00:

Just curious why you are playing a short at this level if you see it as support ?

daily support is @ 1302, if it reverses I'll double up on a long. Neither of us knows whether 1305 will hold, 1302 is more likely to hold than 1305 IMHO

 

[ndjeff7]

covered for +3 ticks, was looking for a quick move to new lows and when it didn't happen and 1306.50 held on ES I bailed.

 

[ksonsinc]

Its is holdong on preety good at 1306.50 i hop we see some buyer come in fr bargain huntingat least 4 to 5 points on the ES

 

[romik]

Quote from romik:

daily support is @ 1302, if it reverses I'll double up on a long. Neither of us knows whether 1305 will hold, 1302 is more likely to hold than 1305 IMHO

If 10.30 15 min bar closes with minimum lower shadows, IMO there will be more downside to follow, apart from other factors.

 

[volente_00]

Quote from romik:

daily support is @ 1302, if it reverses I'll double up on a long. Neither of us knows whether 1305 will hold, 1302 is more likely to hold than 1305 IMHO

There is some serious chop in that are though.

 

[volente_00]

Quote from ksonsinc:

Its is holdong on preety good at 1306.50 i hop we see some buyer come in fr bargain huntingat least 4 to 5 points on the ES

Won't take much for shorts to cover and then the chasers will follow.

 

[volente_00]

Long at 1306.25

2 point stop for brandon.
hopefully I get a loss so he is happy.

 

[romik]

On an average day we get an extra push between now and midday, l hope so.

 

[romik]

+2pts

 

[MiniDowTrader]

12:00 reversal anyone?

MiniVolenteTrader