ES Journal - 2012

[mastacoli71]

Quote from keeptradin':

Way to hang, Masta!!

thanks kt. i'll admit it was not easy watching go up my arsch all morning. i'll take what i can get and learn from it.

 

[keeptradin']

Quote from RangeTrader:

Look at the confirmed hourly reversal a couple hours ago... This trend is also solidly confirmed by internals. If your trying to catch a bid into the last hour on Friday on a trend like this your nuts...

The odds are it will end in sudden panic.

There is a little support at 1351 ES right here though. Daily S1.

You know what they say about hindsight.

Call 'em real-time, or don't call 'em.

 

[gmst]

Quote from ammo:

if you look at their chalkboard in the war room there;s a massive damn with hundreds of dutch boys with thumbs in the dike http://www.cartoonstock.com/directory/f/finger_in_the_dyke.asp

Thanks for the link ammo. That was funny!

 

[ammo]

Quote from RangeTrader:

What "decision point"? The market hit R1 Daily and S2 Weekly and has been selling ever since. Enough said.

For me to be bullish at all early next week the daily close today has to be above 1357.50, or we have to be at new lows...

Don't be hasty in buying in what is going to be three to six more months of a small bear market...

your prob right but short term the pimps need to collect there opt premo next fri

 

[ammo]

Quote from gmst:

Thanks for the link ammo. That was funny!

fed is trading with a demo acct

 

[RangeTrader]

I didn't do a single long trade today.

Still waiting for 1324 or a confirmed daily uptrend.

Actually... I woke up and went back to sleep because the damn buying pressure had already all been pretty much used up by 10am...

Cyall at 1324 next week.



Predictions are pure entertainment.

I trade off my technical rules.

Either we need 1324 or a confirmed daily key reversal up for me to really start doing some heavy long trading. Were two weeks into a multi month bear market, so don't exactly be too bullish until the market drops a couple hundred more points...

Quote from keeptradin':

You know what they say about hindsight.

Call 'em real-time, or don't call 'em.

 

[trickshot]

Quote from RangeTrader:



... because the damn buying pressure had already all been pretty much used up by 10am...

Its easy to say this in hindsight too...

 

[mastacoli71]

Quote from mastacoli71:

reduce 54.25, avg 54.25

reduce 51.25, avg short 54.25

 

[ammo]

heres the 4 patterns for dvol uvol

 

[RangeTrader]

The only reason I actually got ANY long trading in this week was because of this daily technical signal... Buy zone signal fired on the seventh. That just means that there will be some idiots trying to buy low and the market will have some support.

When the market pulls off the lows it has a limited amount of time to start working higher... If it doesn't breakout in a big way within a couple days the odds are it needs to move lower before it can get itself together.