S/R Emini Journal

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Quote from Jander:

ready to go....on sim :D
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Well I see a bearish flag with a 4 point pole. The breakout is just above our short entry which should easily provide our 2 points. Lets see if it works.
 
Well when ever a situtation come when u dont know
I usually go YM long and NQ short in that way i know in 2 to 3 hour where the market is heading and i try to play the ES accouding that way.
done it like 3 time and has always worked for me :)
 
gary...excuse my ignorance but isnt the flag downward sloping hinting at an upside breakout? I may be looking at the wrong thing here..
 
Quote from Jander:

gary...excuse my ignorance but isnt the flag downward sloping hinting at an upside breakout? I may be looking at the wrong thing here..
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I wasn't at the time I wrote that. Take a look.
 

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I didn't even think to look for flags and other patterns across days. I had the regular seesion pulled up (overnight) and I'm like what flag is everyone talking about??

Switched to pit hours and now it's pretty obvious. Then again, aren't they all when someone points them out? :) :)

edit: looks like 40.50 was accurate resistance
 
Quote from TraderTwink:



edit: looks like 40.50 was accurate resistance
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Looks to be holding for now. I don't have a lot of time this morning so if it doesn't hit soon I have to turn it off and leave.
 
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