out 63.25 R...& 30 min TL ...should give us a reaction back....if not a gap over it would`nt surprise me tomorrow.
I agree, but there was good resistance at that point. I probably should have stayed in the trade but I got that reversal signal, and although I didn't reverse, I definitely got out of the trade. I never take my signals when we are right at s/r unless it breaks pretty handily.
Since you are probably wondering how is my huffing and puffing. Made $1352 today. Not a bad day not at all. As for that tone, it was not needed, rather unprofessional, an very un ES Journal. I appreciate criticism but it is constructive criticism that I am seeking. Cheers and may your knowledge keep you on the right side of the market at all times.
Hey hey now! Sax is my boy, don't mess wit'em . *** On the serious side, that was an incredible late session rally, which was met with resistance and knocked back down in a matter of 1/2 an hour. A weak rally at best, price action is still very bearish. Good trading, JJ
Saxon, you don't get it. JJ hinted at it earlier today. I've said it before rather bluntly. It's too bad you *think* you have a some sort of long term profitable system. I wish you no trading harm, but in this case trader-tuf-luv, is what's needed. Next Im sure you'll dazzle us with the tale on how your $1352 profit today came from your original long trade. You know, the one where you were whining as it hit YOUR "uh-oh, trade in trouble" zone and then fell well beyond. Or maybe it's that your broker "fixed" their recent trading issue and now ALL your orders are executing with immediate fills, without any slippage. I do appreciate however, that you did not post your hourly cigarette intake during your trying times. Thank you. Osorico