Search results

  1. P

    ES Journal Archive (2009 - 2010)

    I am feeling in this market like on party where everybody is smiling about a joke that I do not know (and I hesitate ask because I am not sure if thats joke is not about me). I am 100% sure that we are well above the bottom of next bigger retraction so shorting is safe. However I do not know...
  2. P

    ES Journal Archive (2009 - 2010)

    I shorted NQ in the mornig at 2110.75 and I am waiting whole day until this lazy dog will come back to me at breakeven +1tick. I still did not have it. Edit. Ok, it came back but I should today do something more usefull.
  3. P

    ES Journal Archive (2009 - 2010)

    I am very curios about wawes predictions. Looking at simple channel I can "almost guarantee" bigger retraction, (over 30 points) prior we reach 1200 that can easily extend somewhere to 1070. But anything bellow this will start panic by investors and if we can break seriously 1000 it looks to me...
  4. P

    ES Journal Archive (2009 - 2010)

    Picaso is correct. And do not worry, if you did not catch it in time there will another chance in short. Btw, one of biggest mistakes after my opinion is set trade open in advance. You need plan where you want entry (aproximately) and when the pullback is done and price is rising again you...
  5. P

    ES Journal Archive (2009 - 2010)

    Under programm selling you understand selling where the short trades are iniciated by software (conditions programmed in advance). It this is true how you see difference agains human iniciated trades? I can not imagine any method allowing this except reaction time. (if ES springs 5 handles and...
  6. P

    ES Journal Archive (2009 - 2010)

    This is new type of trade. All previous emg trades were exhaustion contratrend trades, this one is breakout trend trade...
  7. P

    ES Journal Archive (2009 - 2010)

    Brandon, if you went long 10 years ago you are negative. Can you explain me why is trading from long side more profitable, please? It is necessary trade from both sides. I can not imagine anybody sucessfull daytrading just from one side.
  8. P

    ES Journal Archive (2009 - 2010)

    Volatility is rising. That forecasts market turn. Size of pullback I do not know (I do not expect return of bear market) but as minimum target I think will be touch of the bottom BB currently above 20). I do not know when it will start, we can go up over 90 but I do not expect that we can break...
  9. P

    ES Journal Archive (2009 - 2010)

    Even if its a dip it will go bellow 1300, where thats another question, even 1220 possible and uptrend intact.
  10. P

    ES Journal Archive (2009 - 2010)

    I have a question. Is there some well hidden rumour that something substantial can bankrupt? Something of Microsoft size :) I can not help me but past month looks to me like lift those are MM making when they know that something very bad is coming so they need room to stop it before it will...
  11. P

    ES Journal Archive (2009 - 2010)

    Hm, I am bearish biased for next month but what we make today looks to me like clear bull flag (we traversed from top to bottom of current trading channel. Simple volatility is too low for now.
  12. P

    ES Journal Archive (2009 - 2010)

    He likes to trade against somebody whom he really loves.
  13. P

    ES Journal Archive (2009 - 2010)

    Measured move: Rally SPY march 67.1 May 122.12 = 55.02 Low of correction 101.13 +55.02=156.15 And we are pretty close to all time highs 157.52. I think that it is target of orchestrated move of "PPT, wallstreet, MMs and politics" Next October.
  14. P

    ES Journal Archive (2009 - 2010)

    Trading cancelled for today or already 1% tax on all financial transactions was introduced?
  15. P

    ES Journal Archive (2009 - 2010)

    We are on absolute top of current trading channel. If we start falling, keep you hats! And if we break up, fasten seat belts! I am extremely curious how it will resolve and will try participate in winning party. We are not that horrible short term overbought,consolidation prepared this...
  16. P

    ES Journal Archive (2009 - 2010)

    We are in uptrend channel on daily, therefore resistance line is trending up as well. Today 60 will be breakout, tomorow will be not. btw, we are oscillating here so much that I do not think that we can miss 60- true breakout or false aka bull trap
  17. P

    ES Journal Archive (2009 - 2010)

    Top of main price channel is about 58 for today. It is well over R2 therefore it is very unprobable that it can be broken. I believe tomorrow will be time for swing short around 60. I agree with ammo that it looks toppy now, rally is old and tired.
  18. P

    ES Journal Archive (2009 - 2010)

    My channels analyse tells me: 1. 950 will need major trend change. I am not betting on major changed. 2. We are on top of current trading channel. Break it up is highly unlikely. All my trades will be short, long position are too risky. 3. i bet that something similar to 1080 (bottom of...
  19. P

    ES Journal Archive (2009 - 2010)

    Define doomsday. It is up or down? How many points it needs to qualify for doomsday? :D Btw, I expect 25-30 points down day very soon as well and I think we can start Monday 9:55. 200 Ema on rangebars it breaking out of trading channel, slide can be very quickly. If this qualify I am with...
  20. P

    ES Journal Archive (2009 - 2010)

    Yes, that is sure. We can continue grind up but bigger uprun = more violent pullback. I am 100% sure we are above the line next big pullback. I do not know when it will start but it will come, and looking at situation sooner than later.
Back
Top