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    Slap in the face

    Ugh!! I feel ya... I had a stretch two years ago (trading things like the ES) where I deemed myself the "One Tick Away Master." I was getting stopped by 1 tick, or missed targets by 1 tick, or missed great entries by 1 tick. I somehow refrained from punching my monitors...
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    QE2 gains GONE in a week and a half.

    Gee... That worked well.... Not surprised one bit.
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    Snakeoil Vendors (videos)

    This video HAS to be a joke... flabbergasted!
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    Dang... This QE2 is relentless!

    Paul Ryan / Bernanke discussion first highlight of my day. Wow... I need to get out more! :) It's funny, but when I was loading up on my portfolios last spring... It seemed there were constant market top calls then too!
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    Dang... This QE2 is relentless!

    Definitely have been on the bull train. Still holding positions bought from last spring. Free money indeed!
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    Dang... This QE2 is relentless!

    Sitting here day after day watching the indexes push and grind through technical level after technical level makes me wonder what could happen after QE2 if there is no QE3+. I certainly haven't had the guts to call any tops... especially when the FED's have admitted they want to push the...
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    U.S. turns a $12-billion profit on Citigroup bailout

    Government $12B profit ... will soon translate to.... $12B+ in brand NEW government wasteful spending!! Oh joy! More "free" goodies for the sheeple!
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    WTF ? Cant believe market is going up like this !!!

    So true. I've learned through experience that when I get that feeling of, "Uncle uncle!!! I give up!! Okay I'll buy!!" That's when I should step back and wait.
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    WTF ? Cant believe market is going up like this !!!

    We can't even get a mild pullpack for entry points. It's absurd.
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    Mark Haines of CNBC is a A-Hole

    +1!
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    I always wondered how markets would react to the end of the world.

    For a few seconds, I literally thought maybe a nuclear bomb hit Tel Aviv! Whew! Only a fat finger.... (if true)
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    1/4% Tax on all stock trades pushed in NY Times today

    "Also, for those who are against the government creating jobs" When did Cramer become such a TITANIC MORON!!! I can't believe I used to actually like the guy. Newsflash: Yo Cramer!... other than actual "government" jobs (which are paid from money taken out of the private sector) It's the...
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    Worst Case Scenario

    It's staggering how pissed off I am right now. These are the people my fellow citizen elected? Seriously! I suffered WAY too long learning how to be a successful trader to have it stripped away from me with this stupid ass trader tax law imposed by these stupid ass "leaders" we have. Worst...
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    1/4% Tax on all stock trades pushed in NY Times today

    In the same breath he says we need "jobs jobs jobs" while also advocating higher taxes. He's an idiot now.... straight up.
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    1/4% Tax on all stock trades pushed in NY Times today

    And to think I actually used to like him. He's wrong!
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    Turns out that the market IS out to get you

    I hear ya man. At the 5 year mark I felt about the same as you. Now at the 9 year mark, I'm glad I stuck with it. The agony was all worth it in the end. Just some food for thought :)
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    AmiBroker + E-signal feed = Psych Ward

    Agreed. Started using it in 05'. Not the quickest learning curve, but if your proficient with Excel, you become proficient with AB.
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    May 27th Crappy session

    The ES was like drying paint. Had to move to NQ. Did catch the small up move.
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    Indicators are liars! Support and Resistance Trading for the S&P emini

    Yes. Thank you! I find this discussion quite intriguing because it looks like we both subscribe to a very similar philosophy. I am curious as to how you handle the 4hr SR lines (I use them too.) Do you prefer to play those tight as well? Or do you mainly focus on the 1hr lines, and use the...
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    Indicators are liars! Support and Resistance Trading for the S&P emini

    Hello ESResistance, Great thread :) I read through quite a bit of this thread but may have missed this question... Do you ever take into account angle trendlines as S&R? If so, do you still use the 1hr+ charts. Or do you stick to only the horizontal lines. Thanks!
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