S/R Emini Journal

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Quote from billp:

Romik,

I hope that your family member gets better. Best wishes on his/her recovery.


Also, best of luck in your trading. Reading your below post and some of your earlier posts, I have the feeling that you know what you are doing although it may seem contrarary to a lot of people. You have my respect.

I will say something. This thread has a lot of people with maturity and wisdom. Although at times there are all the arguements etc but most of it was done in good faith to readers and posters. I find myself learning more than just trading here. Certainly 1 of the best threads in ET and not just on trading.
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romik,

first of all, i would like to wish you and your loved one the best. i think i speak for more than me when i say our thoughts and prayers are with you.


bill p,

second of all, to you (and gary) i would say i couldn't agree more with your statement of this being a great thread...
 
Quote from billp:

Gary,

You are not getting paid to do anything here. You are doing this out of the kindness of your heart although I believe you do gain something in return be it just friendly banter to wild away a boring day etc. Your trading should take priority over any posting etc. Whether you choose to post your trades or not, this thread is filled with gems that many of us will find useful. Pls concentrate first on your trading and businesses and not about posting here. I'm sure that others would want that too.
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amen, billy....
 
The market is down right now, but I'm watching SMH to break 33.70 for a reversal. 725-726 is support on ER2. 731 resistance. YM looks stronger to the upside and needs to break 11620 for upside potential. We are at a 50% retrace level on the 7 day time frame for YM. 4REs' numbers look good on ES. I'm waiting for a signal on SMH. 10:15 reversals today?
 

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Quote from rverheyen:

Out +1.25

As mentioned in the video. Newbie exit, to build confidence.
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You got yours quick and easy. I got mine with just a little extra sweat.

WTG :)

Edit: I was considering making a quick escape because this short level did not give me very much wiggle room. But watching the Q's at the same time kept me in the trade for my full 2 points.

Did you see how bounced right on my support though. I doubt if it holds but wanted to be kind of cautious down there.
 
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