will add full short at 1659.25, s/l will be profit from yesterdays trade. It seems to me that a wash out is in order and will occur from 38.2% or 50% retrace.
Be back next week,
JDJ
Short 25% at ES 1653,
Started by
jdjimenez
, May 23 2013 11:18 AM
2 replies to this topic
#2
tommyt
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- Traders-Talk User
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Posted 23 May 2013 - 12:10 PM
will add full short at 1659.25, s/l will be profit from yesterdays trade. It seems to me that a wash out is in order and will occur from 38.2% or 50% retrace.
Be back next week,
JDJ
jd, didnt see your post before mine...good luck.
#3
jdjimenez
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- Traders-Talk User
- 1,252 posts
Member
Posted 23 May 2013 - 02:56 PM
will add full short at 1659.25, s/l will be profit from yesterdays trade. It seems to me that a wash out is in order and will occur from 38.2% or 50% retrace.
Be back next week,
JDJ
jd, didnt see your post before mine...good luck.
No problem Tommy,
On this last dip to 1646.75 I sold the position at 1648 for 5 points profit. I still think the idea looks good but this sideways action for the last 4 hours makes me think the 1659.25 will be hit and I'll start there.
Good luck to you,
JDJ
