Why Is The Obvious Not So Obvious?

I think I got the LRE, but best to not be too greedy at these levels.

 

Added one and tightened my stop. It works or it doesn't.

 

be careful..this could fall quickly here to test the 4337

 

your stop might be in a dangerous place..but going long here is dangerous anyway in my opinion..but i could of course be totally wrong !

 

if it hits 4350 before the open.. you will be one lucky bastard

 

i actually hope i am wrong..for your sake..i don't mind holding at all..as i have no stops

 

I'm not too crazy about a long from this area myself as we could easily see either a shallow pullback, a medium size pullback or a deeper one from this zone. Big picture it's my view we're a bit overextended to the upside, but I'm still bullish for July meaning I'll buy a pullback.

That's why I'm not interested in using a wider stop at this point in time, but it's still worth risking one point to gain 10,50 points, IMO.

 

Well, I've had plenty of bad luck. Gotta have some good luck once in a while too.

 

yes..but tight stops can easily ruin a trade with the ES..i know too well..which is why i don't use them.. however..as you said..

time will tell

 

well..time to feed the poor birds..they are flying up and hitting my window..who said animals are stupid..they are much cleverer than most humans