junkie - I think the trading gods say your comment below "
I am expecting to see the last FOMC day's high
exceeded"
and decided to give the market a smack down
.
obviously teasing you,
that's the trader superstition in me, when we are too confident the
market gods punish us so I try to never be overconfident, anyway
it's early yet, but nice reversal off the 50 day SMA and
was plenty of intra day divergences
Too many we looking into the same thing as I did then. I can't
trade intraday, and MA(50) is a known target. As I recall ema(65)
on ES daily charts served as a resistance last time, I don't
have a chart in front of me now to tell.
And it's all right to be confident :-)
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junkie - I think the
ES bounced right off the 5 EMA
Posted by matt on 7th of Oct 2015 at 11:14 am
junkie - I think the trading gods say your comment below " I am expecting to see the last FOMC day's high exceeded"
and decided to give the market a smack down
.
obviously teasing you, that's the trader superstition in me, when we are too confident the market gods punish us so I try to never be overconfident, anyway it's early yet, but nice reversal off the 50 day SMA and was plenty of intra day divergences
Too many we looking into
Posted by junkie on 7th of Oct 2015 at 11:29 am
Too many we looking into the same thing as I did then. I can't trade intraday, and MA(50) is a known target. As I recall ema(65) on ES daily charts served as a resistance last time, I don't have a chart in front of me now to tell.
And it's all right to be confident :-)