Recent content by zjulian104

  1. Z

    Maltese Cardinal Militia?

    F'HIM I've had it. Who TF wants to make them sweat stewing over whether or not to push the missile defense silo codes? I went to claim my scratch this morning ... AMP closed shop. No legal notice. No e-mail. Simply just pulled the phone line out of the wall. Pissed!
  2. Z

    ES Journal Archive (2011)

    I read a forecast recently that had US GDP ahead of Eurozone by better than a percent and European output under-performing for twice as long. If you look closely enough that's has been priced-in for some time. Europeans selling on the way up and placing size as stops in our session has been...
  3. Z

    Rule of thumb for position sizing

    Are you optimizing instrument volatility? 4%, rounded down by an 1/8 of a percent, intraday, works well for SPUS . The Dow is closer to 6% quarter to quarter. And the 4% model began from DOW volatility. FWIW. So I guess it depends on your style of trading. A good rule of thumb is 1% or 2% of...
  4. Z

    ES Journal Archive (2011)

    Thinkorswim's drop-down study for VWAP lists choices of a day, week or month. I've never really confirmed the numbers in a spreadsheet but anything over a 60m and I use the weekly. Likely weekly, but it could be the volume of the 240m. RTH is a bar and a 1/6 so the differential gives a...
  5. Z

    ES Journal Archive (2011)

    I wish I could make enough money in this day-trading crap to position with a 240m. A 6 SMA and 9 RSI, possibly a Daily and Weekly for a Nuesta alternative and fiscal quarter to fiscal quarter. I'm ultimately aiming at less exposure to the insanity of commodities and allocate 30% blue chip, 30%...
  6. Z

    ES Journal Archive (2011)

    Exponentially increasing volume with each new high 1) Test of indecision of yesterday's low at lunch (dinner on the East Coast) 2) Inside range of the weekly VWAP on the 4 hour's 2 standard deviation channels 3a) Higher low on the low-end standard deviation of the above said 3b) New...
  7. Z

    ES Journal Archive (2011)

    I'ld say the odds are greater of shorts being trapped toggling to test lower. Beware of a strong close long on a higher timeframe. No lower than a three hour chart here. If you insist, consult a four hour. A retest of a false breakout or duck-under, even on a scale of minutia won't be tolerated...
  8. Z

    ES Journal Archive (2011)

    What I wrote was akin to an Oxford Chancellor reciting errors in the English/Oxford dictionary compared to auctioneer lingo in Chicago. But if you insist on breaking my balls (because WTF here is genuine really): don't stay in a short long after longs over-extend themselves at the open...
  9. Z

    ES Journal Archive (2011)

    The buzz is pointing down. Buyers got pushed down at the weekly VWAP high-end standard deviation on the 4 hour at 1201 and have struggled to regain 3 ticks all morning. A run-up is almost assured however. The twist they don't want you to know is that the sell-off will be to place a print hard...
  10. Z

    ES Journal Archive (2011)

    I aim for a few thousand a week and have blown a few accounts self-learning trading, so I'm not an expert, but market rotations without H&S & W&M formations are impossible. A pull back is going to give either three prints, the first one staunched in heavy stop territory; or, two prints from a...
  11. Z

    ES Journal Archive (2011)

    20m Guassian fractal short 1.25m. Buy it.
  12. Z

    ES Journal Archive (2011)

    I see a rally unfolding to the HOD by the close. Think they'll load it?
  13. Z

    ES Journal Archive (2011)

    Has anyone here actually been drug all over the place in a buy stop gone wrong? Or, by and large, do you hit the bid and ask limits and/or exclusively use market orders? Entry against at 100% retrace. That's risk, boys!
  14. Z

    ES Journal Archive (2011)

    Cup and Handle meltdown on a 512T/8M. They might push it back up and if they do I'ld say bear flag print rather than a bull high and tight. We could see 60 point range-bound, directionless swings out of this.
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