Search results

  1. T

    The ER2 Trading Journal

    On Woodie's CCI (I'm using 5 minutes chart), this could be a ghost formation with HLB. If 655.3 holds, this could be the support.
  2. T

    The ER2 Trading Journal

    652.6 is the 50% retracement. Now around it.
  3. T

    The ER2 Trading Journal

    Now we have a new trading range for the hour or two - 653.40 to 655.30.
  4. T

    The ER2 Trading Journal

    Looks like Support 3 is holding it. I might buy back around here .
  5. T

    The ER2 Trading Journal

    5 to 10 contracts. 40 contracts traded so far for the day.
  6. T

    The ER2 Trading Journal

    Looks like 50 day SMA at 655.3 becomes the resistence so far.
  7. T

    The ER2 Trading Journal

    Okay, out some at 655.20.
  8. T

    The ER2 Trading Journal

    Stop limit is set below today's low at 653.3. First target is the 50 day SMA at 655.3, next target is at 657 if it can break that 50 day SMA.
  9. T

    The ER2 Trading Journal

    Bought!
  10. T

    The ER2 Trading Journal

    This is the big dip people have been waiting for. 653.50 now.
  11. T

    The ER2 Trading Journal

    It is testing the low of yeserday again 656.50
  12. T

    The ER2 Trading Journal

    Going long here around support level 2.
  13. T

    The ER2 Trading Journal

    ER2 - 1 year and 2 year chart, see the patterns on Oct/Nov/Dec: http://tinypic.com/view/?pic=fk5mjo http://tinypic.com/view/?pic=fk5mdf Good night everyone! Have a good trading day tomorrow!
  14. T

    The ER2 Trading Journal

    Updated ER2 TA chart: 6- month chart with TA indicators: http://tinypic.com/view/?pic=fk5hex
  15. T

    The ER2 Trading Journal

    Thanks. Yes, I went back to the charts for the past several years and obviously this is the pattern for Oct/Nov. Big $$ institutions tanked it at the end of the Oct, loaded it up, unloaded them in the coming month or two and sell to short covering. Looking at the 1 year or 2 years chart, the...
  16. T

    The ER2 Trading Journal

    Okay, this puzzle is solved. I went back to early Oct with the 30 minutes chart. I see the WSAD was increasing, the price was increasing too, the money flow has been decreasing like this week. Eventually, it leads to the big fall for YM from 10430s to 10220s in a few days. The Money Flow...
  17. T

    The ER2 Trading Journal

    This 10 day 30 minutes YM chart puzzles me. YM price went up from 10387 to 10560s. The Money flow indicator shows the money flow has been declining for the past week. The WSAD (Williams Accumulation/Distribution) shows steady increase in accumulation. Does it mean no real buyers and only short...
  18. T

    The ER2 Trading Journal

    On the daily chart, NQ has a higher high AD lines, it also has a higher high prices. So basically see no obvious divergence. 1630s was traditionally a resistence area. NQ daily chart: http://tinypic.com/view/?pic=fk451z However, under its weekly chart, one can easily see there is a...
  19. T

    The ER2 Trading Journal

    ES's weekly chart: Just like YM chart, ES's weekly chart shows negative divergence between the price and AD indicator. The weekly chart: http://tinypic.com/view/?pic=fk41fa ES's daily chart didn't show much on the divergence, in fact, the MACD showed very strong. In this case, I...
  20. T

    The ER2 Trading Journal

    YM weekly chart. Again shows negative divergence between the price and OBV/AD indicators. http://tinypic.com/view/?pic=fk3zo5
Back
Top