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09/25/2019 Live Update

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Cobra
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Re: 09/25/2019 Live Update

Post by Cobra »

must be some news but for now still in a range. I read the transcript, maybe I'm too naive, but I really don't understand why saying Trump did something terrible.
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te_fern
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Re: 09/25/2019 Live Update

Post by te_fern »

brokebybernacke2 wrote:
te_fern wrote:TICKs haven't turned yet either....
waitin on the whistleblower.... :D
LOL!
This is not investment or trade advice.
te_fern
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Re: 09/25/2019 Live Update

Post by te_fern »

Got the break, need to see a few more bars and energy...
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brokebybernacke2
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Re: 09/25/2019 Live Update

Post by brokebybernacke2 »

Cobra wrote:must be some news but for now still in a range. I read the transcript, maybe I'm too naive, but I really don't understand why saying Trump did something terrible.
china deal could come "sooner". who needs PPT when a simple china looking better tweet does trick every time!
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Cobra
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Re: 09/25/2019 Live Update

Post by Cobra »

maybe range high is near.
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Cobra
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Re: 09/25/2019 Live Update

Post by Cobra »


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Trades with cats
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Re: 09/25/2019 Live Update

Post by Trades with cats »

ES 12-19 (2000 Tick) _ ES 12-19 (2000 Tick) 2019_09_25 (10_08_50 AM).png
Because we are pushing against the overnight high not sure if it will breakout.


Price Action Trading rules on breakouts-
1. Always look for the break out that then pulls back. The second breakout is usually the tradeable one.
2. Congestion or a range means price equilibrium. Generally the breakout will be in the direction of the prior trend. Counter trend breakouts are usually a good candidate to fade.
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JFR
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Re: 09/25/2019 Live Update

Post by JFR »

Still holding above the EMA 20.

2019-09-25_1004.png
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Cobra
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Re: 09/25/2019 Live Update

Post by Cobra »

breakout should be more likely now.
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Trades with cats
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Re: 09/25/2019 Live Update

Post by Trades with cats »

ES 12-19 (2000 Tick) _ ES 12-19 (2000 Tick) 2019_09_25 (12_13_56 PM).png
Took a while for the second move on the breakout, but there it is. Not exactly going to pay for Christmas in Hawaii but it does show the method works.
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Cobra
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Re: 09/25/2019 Live Update

Post by Cobra »

vol surge so maybe a pullback here first which likely would be bought.
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Trades with cats
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Re: 09/25/2019 Live Update

Post by Trades with cats »

Sometimes just because the trading day is over doesn't mean the move is over. Will see if we get serious selling next 30 minutes or not. Sure looks like good momentum so I am guessing it will carry into Asian hours.
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Cobra
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Re: 09/25/2019 Live Update

Post by Cobra »


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Cobra
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Re: 09/25/2019 Live Update

Post by Cobra »

well, guess that's it for today. here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

now Thursday and Friday has clear tendency.

thank you guys, I'll see you in another thread soon.

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