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Candle Pattern


ES 15min. @ 8:30 bear harami / 9:15 bear engulf / if we
close above could be a further move up
incase you are wondering I do not set stops / only in my head 766.50 is
my line in the sand to upside
The reason for the 766.50 / there is a challenge to my trade in that area
BING!!!
sorry for all the chatter. I'll be quiet now.
Have a good weekend
thanks Red and good analysis and projections....double TPO's on those lows sure don't imply strong buyers......cool days...enjoy the weekend
quote:
Originally posted by redsixspeed

ES 15min. @ 8:30 bear harami / 9:15 bear engulf / if we
close above could be a further move up



We closed above and so far we are moving up I'll be watching
the 799 area
Mark Douglas quote "in gambling people put their money up first to see a pattern / in trading
the pattern shows up first then people put their money up" (techanical chart patterns.)
See pattern on pg. 1.


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Cool stuff red. Thanks!


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I don't trade with MAs ... but recently I started looking at them .. I have set up a quad chart with different time frame of MAs .. Today at 11:30am et. all four MAs came together and in fact price hit them about the same time .. I just got started with this so I'll post what I see from time to time .. looks good so far .. My intent is to use them as a confirming tool not a primary ...