Search results

  1. T

    ES Journal - 2013

    re: FOMC This is a biggie one, might trade the PA after the announcement for a few scalps here and there, but predicting a direction before such a behemoth announcement like Bond Tapering etc is really not in store for me. I think new data will reveal easier paths in the very near future...
  2. T

    ES Journal - 2013

    Yes I know the pattern well, but it's not an easy trade, much better and safer to let the downtrend develop, no reason to short high to do well when shorting. Then it's just a matter of associating the downtrend and the megaphone. At the same time, the line does not have to hold, it is a big...
  3. T

    ES Journal - 2013

    Problem with lines connecting higher highs is that price can react down then as time burns the line goes higher, so the uptrend can be kept intact, they are good exit points, but not necessarily reversals.
  4. T

    Seeking advice on whether trading is appropriate for my situation

    Trading is only appropriate for someone that lives and breaths the markets. Everyone else, should look elsewhere.
  5. T

    Clueless, need some advice please!

    You will lose it all. Wait for market panic, then buy high quality companies with good dividends, and say FU to your broker and bank.
  6. T

    ES Journal - 2013

    Buy red trail breakouts :)
  7. T

    ES Journal - 2013

    Shorting resistance is much more efficient in downtrends than uptrends, little technical addendum there as shorting "resistance" in uptrends tends to be short lived; pun intended.
  8. T

    Big Resistance coming up for Dow Jones?

    May or may not hold :)
  9. T

    ES Journal - 2013

    The psychological curse to short high even if it means shorting a strong uptrend has probably killed more traders than Nazis killed Jews.
  10. T

    ES Journal - 2013

    No charts needed, it is a serious uptrend, with no serious pullbacks, everytime it wants you to think it is a Lower High, it is actually a trap with tons of shorts looking for an exit and then goes and makes higher highs. No technical damage in any of the timeframes and serious strength suggests...
  11. T

    Debt Ceiling Default

    VIX is volatility, I meant when the markets are spooked, that's when you look for your buy signal.
  12. T

    ES Journal - 2013

    New market highs this week is my read.
  13. T

    Debt Ceiling Default

    Buy fear
  14. T

    RM's occasional market calls...

    In a bull market that feeling should be common :)
  15. T

    AAPL is now lower than when Carl Icahn made his infamous tweets.

    He is taking a little heat, but would not yet call it "his Waterloo". As long as 2013 lows hold, hes fine.
  16. T

    ES Journal - 2013

    Sounds like limited loss and no loverage on a losing trade, nothing to worry.
  17. T

    Calculating position size quickly

    Excel window or iPad spreadsheet with round number calculations for easy determination or some sort of semi automation.
  18. T

    Why is Intel up??

    More buyers than sellers :D
  19. T

    ES Journal - 2013

  20. T

    09-15-13 PM: E-mini Dow futures up 187

    Bottoms never happen on good news. The worst it looks the higher the chances of a bottom. Opposite for tops.
Back
Top