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Yep, that's it. So why did you pull the plug early on the short, was it because of a technical event or just a hunch?

"Hell, someone could even recommend a book that outlines the necessary steps one should take to develop their own personal trading method which suits their own needs." http://www.edwards-magee.com/ Trading for a living by Dr. Elder

price action rules if you have the patience to wait for the market to direct your trading.

Oh, I get it, this is all one big joke....you people were never really serious to begin with. :D

It does not matter to me whether or not the real time posts are daytrades or not. I don't want examples, I want the real stuff. If you all don't want to provide the real stuff then scream uncle and beg off and admit the original post is erroneous and unproven. Otherwise prove it. I...

Yes I did see your earlier post. My problem is, I don't really see any trades on the ES journal thread. What I do see are vague references to areas where a trade can take place, but not much more. I don't see charts shwoing the entry and exit conditions either. To prove a statement when...

This is all nice, but it proves nothing. Proof is evidence of material facts. You made the statement that you have the grail. Now prove it. That's all. No criticism, no comment, just prove what you stated. One way it is to post real time entries with follow up charts showing the...

Solid breakout today for a prep signal, volume needs to pickup otherwise this is very suspect. There should be some profit taking soon by the short term bulls. Still very much counter trend on the daily chart. Triangle measurment just got hit as well.

Why don't you prove what you have stated? There are a number of ways you could do that in order to be credible. No offense, but I find it hard to believe you unless you do. Post the trades real time and then post the charts showing the setups at the end of the day. Otherwise what is the...

What makes you think I thought you were a newbie? I have no idea. I just reponded to the context of the posts on the thread. BTW, your current trade is a wonderful example of why you should not be trading with a large account. Better to get wiped out early with a small amount then when you...

You don't need millions to trade one contract. I believe it is better if you only use enough money to trade one contract until you prove to yourself that your emotions are under control. Once this is done, then increase to 2 contracts on up as your emotions allow. You obivously have a good...

Whether you are paper trading or not makes not difference. Putting your trades out here real time affects your emotions almost as good as using real money. I hope you keep doing well and your win rate always stays high.

The posts are timely though. I suspect the 100% hit rate will not hold up if the system is static.

I can make a case for a top here if 11300 acts like resistance tomorrow.

this looks interesting, it can still dip down to 11164 again, but it looks like it wants to go higher instead of lower. The white triangle makes a great objective base to play off.

The red parallels correctly "estimated" the target for resistance on this back on [7/25] in spite of the rhetorical prognostications. The blue parallel on the weekly chart provided a short term targetfor a minor bottom as well. The 50 dma is resistance the yellow mav [20dma] may provide...

Bulls take profits at resistance this morning. The pull back to support should be another short term buy.

:D

Even as a buy and hold investor, you are still trading. The best place to be is the weekly and monthly charts. The stock market is a giant auction. Think in terms of supply and demand instead of how valuable the fundamentals say the company is. I want to go to an auction where they are...

50% retrace is a normal spot for the bulls to step up. Have no diea if they will or not. Just watching it. On the flip side, if the rally off this fib level is weak and forms a lower high, then we have a potential HnS setup. Pretty important spot right here imo. Upper parallel in combo...