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Have a nice Labor Day...Porgie :D

Hey JJ, How you been doing lately? Just wanted to point out that the formation you outlined on this chart is a descending triangle. It should break to the horizontal. FWIW. Take care, Gary

Mine is not a matter of coffee I am just dumb at math. LOL Good luck on the trade Tommy.

After you drink your morning coffee you might want to make sure you didn't make a typo on your stop. I doubt if you want a 102 point stop loss. Good Morning :)

There is a guy with a screen name Sponger that might PM you about it. Just sent you a PM so we don't highjack this thread. Take Care, Gary P.S. I am mostly just a lurker in here now but I do still read ET daily. Talk to me when you have time.

Hey Speculari, How you been doing lately? Are those videos still available for download? Every once in a while I get a PM about them. Hope all is going well for you. Gary

Hey Austin, Haven't seen you around lately hope all is going well with you. I would like to partially answer the question you have asked. It is a fair question and at one time I asked it as well. Early on in this journal I asked B1 this and he said he didn't want this journal to turn into a...

Computers get a bad rap for carpal tunnel syndrome and in some cases it is justified. But what most people don't realize is that more people get carpal tunnel because of how they sleep than running a pc. I diagnose more cases of carpal tunnel caused from people sleeping with their wrists bent at...

I had been eyeballing that as well. I was even thinking about you when I saw it yesterday.

The cool thing is this. As long as there are disagreements there will be markets. Obviously there is at least one buyer and one seller for tomorrow. Good trading to all. I am currently flat until I see a breakout one way or the other.

Maybe, but knowing Volente he is seeing an inverted head and shoulders forming. Be careful if short for too long.

Looks like all the indexes have a nice bearish continuation pennant going. Looks like you guys have been doing some very nice trading lately. Good trading to all of you

I have traded s/r and chart patterns for the past 14 years and I am still trading this way. The only patterns I look for is the bull and bear flag and continuation pennants. If traded properly and used with volume they trade very consistantly. Never traded the camel pattern but it looks fun...

Haven't looked at it much lately but I think it should break 1522 today and probably 1530 very soon as well. How you been doing lately V???:)

Osorico, Well, I guess I was wrong the other night about my long position. They shook me out of my Q's trade today. I'll just have to wait for the next trade to come up. Good trading to you

Same to you :)

I agree, time will tell. The way I used to trade the ES I would wait for a breakout of the pattern anyway. I never did long term plays on the ES. I do on the Q's though and I am trading this pattern long on the Q's right now. We will see and for my sake I hope I am right. There goes that...

Yes, I do see that as well but that one was inside a larger formation that would be more credible. IMO...If all the data I had was the smaller triangle you are mentioning then I would have called it a failed pattern though.

Here is what I am seeing for the near future. An ascending triangle. If you are looking long term there is still no reason to look for shorts as B1S2 has been saying for months.

I did just fine with my 2 point gains. Every once in a while I would go for more but I prefer stress free trading. Good trading to ya JJ.