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Sep
18

Emini Trading - Doji Candles can be a signal of a possible reversal.

Posted by kurtosisT

Today the floor session of the ES closed in the Doji candlestick formation. No matter what time scale you are watching the Doji Candle needs to be recognized and respected particularly after a long trend. Yes we have had a trend move in September where we have moved from lows of 986.50’s to yesterday’s highs of 1071.50 . Cautious needs to be had at taking longs because by all measures the daily and weekly TA suggests its time for a breather.

Good Trading and Stick to your Stops

KT

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Posted under Candle Sticks, ES, Futures, Index, Stocks, Trade Setups, Traders Education
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    Welcome to Kurtosis Trading! Here at Kurtosis Trading we are Day Traders and Swing Traders this is a forum to provide information tips, trade setups and trade ideas on day trading and swing trading. We believe here at KT that information and education is the most important ingredient to the sucess of day traders. We are not a company of Financial Analysts publishing research and recommendations I will leave that for the IB and Brokerage Houses. All ideas are our own trading ideas and are intended for educational purposes but if you should profit from our ideas feel free to make a donation to help fund this site.

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