ES 12-8-08


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  • VOwater
  • 8-Dec-2008 at 9:11 AM
  • Rep: 133
  • Posts: 4,121
GM Traders

Daily PP: 856.25
Weekly PP: 861
Monthly PP: 881
POC: 829.75

R1: 895.75
R2: 918.75

60m: 933, 980.50
15m: 910, 914.50, 922
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  • myptofvu
  • 8-Dec-2008 at 12:08 PM
  • Rep: 2,018
  • Posts: 666
quote:
Originally posted by myptofvu

[email protected] due to hammer candle

1 min chart


took off half at 1 point stopped @ entry on the rest
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  • koolblue
  • 8-Dec-2008 at 12:08 PM
  • Rep: 48.6k
  • Posts: 16k
Nice VO!
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  • BruceM
  • 8-Dec-2008 at 12:08 PM
  • Rep: 216k
  • Posts: 19.9k
I think the ultimately want those 89's and 81's today....but when?
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  • VOwater
  • 8-Dec-2008 at 12:09 PM
  • Rep: 133
  • Posts: 4,121
i cant get anything going today
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  • koolblue
  • 8-Dec-2008 at 12:10 PM
  • Rep: 48.6k
  • Posts: 16k
If we go that far, Bruce then i would think closing tick influence would be active and we'd go a lot further!
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  • koolblue
  • 8-Dec-2008 at 12:10 PM
  • Rep: 48.6k
  • Posts: 16k
come to papa!!!
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  • palmer
  • 8-Dec-2008 at 12:10 PM
  • Rep: 415
  • Posts: 675
not getting it today- down 3 points
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  • koolblue
  • 8-Dec-2008 at 12:12 PM
  • Rep: 48.6k
  • Posts: 16k
covering one half at 898.00 to reduce risk
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  • koolblue
  • 8-Dec-2008 at 12:14 PM
  • Rep: 48.6k
  • Posts: 16k
bingo, out one at 898.00 and the other 902.00
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  • VOwater
  • 8-Dec-2008 at 12:14 PM
  • Rep: 133
  • Posts: 4,121
l @ 98
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  • BruceM
  • 8-Dec-2008 at 4:17 PM
  • Rep: 216k
  • Posts: 19.9k
How true Kool..the way I look at is if the market only trends 30 % of the time ( and that's probably generous) then we need to make most of our money on counter trend trades unless you are the type who can take many losses and win on the trending 30 % of the time...I can't
quote:
Originally posted by koolblue

you know what i really love? A 300 point up day in the dow and most of us made most of our money SHORTING the market. FRIDAY TOO you know your doing something right when you can do that! Congrats to all.. c ya tomorrow!
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