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  1. J

    SPM discussions

    Trades today - see chart attached Needless to say, I wouldn't have taken any of these trades because the MACD and Momentum are drawn with no history when Globex was shut down. I agree with MandelbrotSet - will step aside until opening gyrations are exhausted, then consider a long from a...
  2. J

    SPM discussions

    Charts screwed up - after a few hours flatlining with GLOBEX limit down
  3. J

    ES Journal Archive (2006 - 2008)

    I'd like to see restest of previous ES lows - can 820/835 hold? if so, then bounce
  4. J

    ES Journal Archive (2006 - 2008)

    Cover There will be many more trades to come You can reshort later on a bounce or stay on sidelines until opening gyrations are exhausted observe charts - good experience you get once every one or two decades Be careful
  5. J

    ES Journal Archive (2006 - 2008)

    Take the profit on intial spike down, assuming we have one Then look to reshort rally after overshoot down -- put a stop order on this position You may wish to take the profit and sit still for an hour or two --- look totake post-lunch tades
  6. J

    ES Journal Archive (2006 - 2008)

    You cannot ignore the PPT. Don't make that mistake. I have been in the markets over 18 years - successful and a survivor after dozens of huge down days like today. Be on alert for intervention. Put stops, take partial profits, don't go overboard.
  7. J

    ES Journal Archive (2006 - 2008)

    As I said elsewhere: I would prefer no intervention - allow the markets to sell and sell until selling is exhausted and then recover. But, no, this will not happen . Expect intervention, in currency markets and PPT ...and the later by Treasury and others. Place STOPS, take...
  8. J

    Beware of PPT - FED, TREASURY & their buddies

    I would prefer no intervention - allow the markets to sell and sell until selling is exhausted and then recover. But, no, this will not happen . Expect intervention, in currency markets and PPT ...and the later by Treasury and others. Place STOPS, take profits, and DON"T GO HOME...
  9. J

    SPM discussions

    ES 5m made $1300 today See attached chart <img src=http://elitetrader.com/vb/attachment.php?s=&postid=2140751>
  10. J

    SPM discussions

    Today's trades: Profit : $507 after Slippage & commission 4 winning trades, 7 losing trades - see attached I haven't included the momentum and keltner band filters in the code but will do so soon. System should not generate entries if price is out of Keltner band. Also, no short...
  11. J

    ES Journal Archive (2006 - 2008)

    Possible bul flag in 5m Es High probability that low HAS been made and we rally to 1020 from here USe 2m or 5m MACD to indentify change in trend and trade long
  12. J

    SPM discussions

    I will post the chart later. Caught up in daytrading ES with my other systems, I think there will be A HUGE RALLY today or tomorrow. Be nimble,alert and shift to long if market moves above 920; use SPM to take trade, especially the one where the crossing is above zero (for long) or below...
  13. J

    SPM discussions

    If 965/969 can hold, markets will bounce; weak support @ 873 Good support zone 965/973 If it cannot hold then 837/841 is next support
  14. J

    ES Journal Archive (2006 - 2008)

    If 965/969 can hold, markets will bounce; weak support @ 873 Good support zone 965/973 If it cannot hold then 837/841 is next support
  15. J

    SPM discussions

    KELTNER CHANNEL: Google "Keltner chanels" or "keltner bands" A volatility based 'envelope' indicator that measures the movement of stocks in relation to an upper and lower moving-average band. This indicator, named after Chester W. Keltner, is used by sophisticated investors to...
  16. J

    Technical Strategy

    Seems like there is a coup. They removed our posts and instituted the Hershey crowd. That proves we are far better than them. One day of live calls and they stop us. Maybe we need to setup our own site. They don't want us here. Only the losers are welcome, so it seems.
  17. J

    Jim Rogers tells CNBC to F* OFF

    Jim looked like he had a few under the belt.. or he is sick, or both. I hope he hasn't lost too much, like the KK guy with FORD and GM. Yes, he lost much, he said he holds "oil"
  18. J

    ES Journal Archive (2006 - 2008)

    That was a V-reversal but this thing has to go back down again and retest the lows.
  19. J

    SPM discussions

    See attached chart Momentum indicator is in panel above MACD red is "oversold" and green is "over bought" very short term - used to trigger entry/exit or delay entry/exit <img src=http://elitetrader.com/vb/attachment.php?s=&postid=2137663 width=800> (click on attachment to enlarge)
  20. J

    SPM discussions

    Sold ES at 909 no time now to post chart later Keltner exit @ 904 or better
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