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    ES Journal Archive (2006 - 2008)

    LOD is already here
  2. F

    ES Journal Archive (2006 - 2008)

    This is the icing on the cake plus the whole cake and box thrown in as well
  3. F

    ES Journal Archive (2006 - 2008)

    This puppy could run to 1390 if it cracks 1409.50, but this is not the point.
  4. F

    ES Journal Archive (2006 - 2008)

    You have a natural flair for the obvious Wave.
  5. F

    ES Journal Archive (2006 - 2008)

    I am not playing poker and I am not investing in the ES. I am trading it...... major difference
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    ES Journal Archive (2006 - 2008)

    Hello B1S1, The beauty of life is we can all be successful and at the same time we can all be different. Your 3 positions 58.25; 60.25; 52.50 average = 57:00 LOD = 33.50 risk = 23.50 @ 12.50 = 294.00 @ 2% = 14,687 You need $14,687 per lot account backup...
  7. F

    ES Journal Archive (2006 - 2008)

    Firstly, good luck. When you state a 3 point stop are you talking points or handles?
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    "Scaling out" is inferior behavior

    TN .. quite right, well put. The natural order to making money is 1 ... to have a philosophy 2 ... to make a plan 3 ... to acquire the tools to fulfill 1 and 2 4 ... to measure the outcome accurately Why is ET consumed with 3 with little or no regard to 1 and 2. I intentionally...
  9. F

    ES Journal Archive (2006 - 2008)

    Do you mean a 10% gap on price? 1450 *10% = 145 pts 145 *12.50 = $1812.50 @ 100 lots = $181,250 Good to see that you are thinking at a higher level Wave. This is what you have the negoiate with your Broker, otherwise you are going to wind up with a lot of dead money in your account...
  10. F

    ES Journal Archive (2006 - 2008)

    More profits come from taking bigger positions and I am not just talking of a handful of lots. And so...... 1 ... Start by producing a steady consistent stream of net daily points. No losing days. So, the only unknown now is how many trades it takes to reach your target net points each day...
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    US mortgage crisis goes into meltdown

    I am curious. What is happening to all the sub prime repros especially where the lender has gone belly up.
  12. F

    US mortgage crisis goes into meltdown

    Have a frind come in at 850 first and then your bid of 925K will be 75K higher rather than 675K under the ask. However there will be better targets in SO
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    US mortgage crisis goes into meltdown

    Do the calcs. What will it cost to hold per month against the potential rental income. And then find out when the seller purchased and the purchase price. If he paid sub a mil 5 years ago, put your case to the agent. I will bet that you buy a house for sub 60 cents in the dollar within...
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    ES Journal Archive (2006 - 2008)

    One man's noise is another man's ferrari. What trading frames are you referring to?
  15. F

    US mortgage crisis goes into meltdown

    Hello Steve, Having just read your post on residential RE, I agree wholeheartedly with your statement above.
  16. F

    ES Journal Archive (2006 - 2008)

    Jimmy, the longs had wrestled the reigns from the shorts on the ask around 11:18. It is up to them to munch their way through the DOM and breakout otherwise they lose the reigns back to the shorts and we are back to fading the action. Quite frankly, fading the ES is where the intraday...
  17. F

    ES Journal Archive (2006 - 2008)

    Also, the longs have run out of puff right now. Maybe they find their 2nd wind, maybe they dont
  18. F

    ES Journal Archive (2006 - 2008)

    Well done B1S1... good call. Please do not misunderstand me. My intention is not to argue the merits of anything, but just to provide a simple statement of what I do. If your 2 minute indicators give you good feedback, it does not surprise me. Also I watch constant vol charts and I...
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    ES Journal Archive (2006 - 2008)

    Shall I jump in here, just tell me to piss off at any time and I am gone with grace. Anyway I am certain that it all has been said before. I am an intraday boy, so now that is out of the way here goes. Firstly, indicators get better as the TF gets longer and I am always interested in...
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    Is gold a good investment or just a trader?

    I believe that gold is a trader. As a keeper it is too highly manipulated for my taste.
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