And we're kicking higher... and my sweet lil' baby gets a new lease on life (well, for now) Ho Ho Ho, Merry Christmas!
We've formed a retarded looking cup & handle on the 5 minute chart. If we break above the handle, we should get a good thrust above HOD...up to my expected target of 3890. Fingers crossed.
We still have 2 hours to go. Let's hope they don't trash the party today. BTW relief rallies are actually good for the bears. They can short at higher prices with momentum behind their back.
"IT IS DIFFERENT THIS TIME". I can feel it. It ain't parabolic as the first one. We are walking up in a stair fashion. Stairway to heaven. God is on our side.
Taking a survey here, how many points do you guys use for initial stops when entering a trade on ES? What I am doing ain't working. Entered at 3857.5 and out at 3855.5.
Not losing my ass but not winning either. But the big hitters here regularly post big stop losses which I find difficult to stomach.