ES Journal - 2012

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Quote from kinggyppo:

ok so there was a poster here a while ago named spectre2007. He posted a lot and people gave him shit about it and he left. On one of the fed days he laddered buystops all the way up, after the announcement the mkt did its usual dance then screamed up. No doubt he made a fortune, some of the older guys probably remember this; one of the great trades I have seen on this board.
So a properly placed buystop/sellstop is a powerful tool used properly, Good trading!:)

Nice technique. thanks for writing it down King.

I presume he must have used a 1-2 point stop on all these buy stops, to protect himself from the price reversing itself.
 
Quote from Jestersofmalice:

closed a little early.
Hopefully get a chance to get long again today. If not, wait for tomorrow I guess....

nice job on these longs lately for you
 
Quote from GGB:

sorry anyway
but I have pleasure with correlations CL and FDAX and ES as well for today

Unless you give out live calls your charts and notes are not worth any more than 2 washed up Czech porn stars.

Koreckce means correction,so it look as if you might have doctored your charts.

Spravny?:eek:
 
Quote from Macho:

Unless you give out live calls your charts and notes are not worth any more than 2 washed up Czech porn stars.

Koreckce means correction,so it look as if you might have doctored your charts.

Spravny?:eek:

This post made me LOL heartily.
 
Quote from lucky lucille:

the S&P is a joke ..here

who do they think they are kidding?

No point getting angry with the market, its not going to change anything, just take your losses and move on.
 
Quote from trickshot:

No point getting angry with the market, its not going to change anything, just take your losses and move on.

+1 I don't understand this approach. People can spend so much time trying to rationalize movement, when they could just BUY THE F*CKING THING and actually make some cash.

That could be it for this up move.
 
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