Search results

  1. P

    Williams PercentR

    Incorrect. You can not compare indicator (values and patterns) on differrent commodities. If you do it of course you will fail. Just on ONE instrument and even there you need split it for bullish, bearish and chop periods. TraderZones, let me know ONE reason why ovebought/sold conditions should...
  2. P

    Williams PercentR

    This is intelligent post, think about it. Of course price is alfa and omega but if you ignore "over" conditions than sooner or later it will kick your teeth. Moreover, they exists patterns on indicators, same way as price pattern and some quite reliable as well. Although trading solely based on...
  3. P

    ES Journal Archive (2009 - 2010)

    Both posts I could write myself. May be many feel it same way. Although I am clearly "best" at NQ an ES trading, I think I need move. However I do not know why always touching QM (CL is moving too much for size of my account and I am afraid of big gap) I get burned. However EUR and GC it am...
  4. P

    ES Journal Archive (2009 - 2010)

    Yes but look on EUR, gold and oil - they are barely moving. This is very difficult and dangerous to trade.
  5. P

    ES Journal Archive (2009 - 2010)

    I am just vasting my time with this type of volatility. The only hope is that it will suddenly change, but I simple can not trade sucesfully with that low volatility. Chop is not problem but if the range is 1 point.... Can it be worse in future?
  6. P

    ES Journal Archive (2009 - 2010)

    Low volatility until now, I think we will not go bellow 1114.
  7. P

    ES Journal Archive (2009 - 2010)

    I am trading - just I am extremely carefull on Thursdays. But today I did not make any trade... I am smelling some surprising move but I have no idea which way. However until I will not see real increase in volatility my swing bias will stay long. On contrary for intraday scalps I prefer...
  8. P

    ES Journal Archive (2009 - 2010)

    I have some hidden statistics. I am marking every day when the trend or volatility changed intraday SURPRISINGLY (trend both sides volatility just up so I was shaken out) for me (statistic has over 4 years). I am not considering such change in first and last 40 minutes of trading day. I know...
  9. P

    ES Journal Archive (2009 - 2010)

    I am afraid to buy dip now because of "hot potato syndrome" - if it will start falling everone will do same at once - hands off. Bots will start probably defend just 200 MA on tick charts therefore drop can be very quick. But if it will be today thats a question. I think more stylish will be...
  10. P

    ES Journal Archive (2009 - 2010)

    In principe no. We start to be intraday to be overbought so much higher we can not but I simple think it will oscillate somewhere here. I do not expect hard reversal there is too low volatility for it. EUR can run approx to 1.368 until it will be overbought that way that it "must" stop. If it...
  11. P

    ES Journal Archive (2009 - 2010)

    NQ is in exceptionally straight channel on tick or rangebar charts since Friday 10.00. Width of the chanell is just about 6 points. You need to be quite precise countertrend shorten in it, there is not much room for mistakes.
  12. P

    ES Journal Archive (2009 - 2010)

    Ammo, you have many fancy lines on charts but I believe most hedge fund managers have big horizontal line close to 11000 dow where is written : "here we sale" and another above it: "here we short".
  13. P

    ES Journal Archive (2009 - 2010)

    Eko is correct. This market is eating all bad news like pomfrites. I believe that we will return later to close todays gap but wait several days and average up is not much fun although I believe not so risky. I will try short it higher. If it turns immediately down I believe there will be...
  14. P

    ES Journal Archive (2009 - 2010)

    Measured move. They are 2 possibilites how to draw lines. One bring us to to 1142 (I think more probably) and second up to appr 1152. I believe will will reach 1130 prior any significant retraction on daily. I will more seriously consider shorts just above 1130 or eventually if we will be above...
  15. P

    ES Journal Archive (2009 - 2010)

    Sha, you expect with that type of momentum and not overbought market that we fall bellow 4 major moving averages to touch pivot? Good luck but this is very low probability trade. You can get few points but to achieve your target you need nail the swing top and this is not easy.
  16. P

    ES Journal Archive (2009 - 2010)

    Ok wave, you think that with EVERY "standard" MA bellow us (from any of them we can bounce anytime) and only sky and high of the year above us it can not go up (short term but days not hours)? It will be very interesting for me to hear any (technical) reason for it. I do not speak about...
  17. P

    ES Journal Archive (2009 - 2010)

    Technical points to EUR bounce, fundamentals to fall. Question is where "political wish". For manufacturers etc what is worse are rapid changes. I believe politics wish that it move much slowlier than it is now. If there will be some form of bailout of Greece (and it will be, there is no other...
  18. P

    ES Journal Archive (2009 - 2010)

    Great Eko, nice chop volatility, can you repeat this more often (I suggest every midi)?
  19. P

    ES Journal Archive (2009 - 2010)

    Long 95 stop 10 points
  20. P

    ES Journal Archive (2009 - 2010)

    What is "CB Consumer Confidence" (captive born :p ) ? Or was that drop caused by sme other news? Anyway, I will buy this dip around 1095 by first sign of reversal. Edti. Ammo congrat, this was difficult and great trade.
Back
Top