ES Journal - 2012

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Between the two charts I posted above, there is very decent probability for a swing ES or use of SSO/SDS. SPY as well, but more capital needed, etc., etc., etc. stop vicinity 5-9 points beyond tl break.

The golden cross will be upon us soon, but looks like decent shot at 25-30 points max, 20-24 at 80% pullback from the res. I'm sure fibs may refine the target a bit.

ammo....bigsnack......MP notes on this time frame?
 
Quote from ammo:

are you being cocky,yesterday ya said ya weren't,but your wrong and not admitting it,is cocky some defense mechanism,you are defending yourself against some nameless guy you will never meet in hyperspace,so basically you are defending yourself to yourself, this was the point made earlier about trading and losing the blind spots, if you want to trade you have to welcome being wrong early so you can fix it fast,ya dont want to hang on to your ego for the next 3 years wondering why trading is so hard,trading is easy ,admitting your wrong is hard,learning to do that quickly will save you a lot of dough
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Very nicely put Ammo. Another gem from a veteran!

Dear Lucky, I thought you are improving but looking at your responses to JD and ammo today, I was DEAD wrong. I don't really want to have 'any' conversation with you anymore, but will just drive home the point in a 'curt' way.

Q:
1) Do you recognize that ammo is a 20+ yrs trader ?
2) Do you understand how 'hard' it is even to talk to a trader who works for a bank even if he has only 2 yrs of experience ?
A:
2) Well, I will give you answer. Its next to impossible to talk to a bank trader. You should be 'eternally' great-ful to the nice soul that ammo is, that he is being so nice to you and is actually pin-pointing your blind-spots to you. You should 'actually' kiss his ass!

Now, after above 'curt' talk, let me make a final attempt to drive home the point here in a 'nice' way:

Some of us on this thread are independent traders, some working professionals who are trying to develop our edges in trading. We are here for serious discussion, not for finger-pointing and proving "I am smarter than you". So, just stop behaving in a childish way. Read up on what 'ego' is and become "EGOLESS".

Get all the above in your head.

And last but not the least, now after reading above, I know you are mad at me and want to reply back with a hard-hitting post.


STOP

Actually, reply and send me MANY THANKS!


If you can stop yourself from typing a hard-hitting post and rather send a nice thank you post for trying to educate you, you still have a chance to become "EGOLESS" and more successful in your trading.

We will all see what Lucky decides ! :D
 
Quote from gmst:

Very nicely put Ammo. Another gem from a veteran!

Dear Lucky, I thought you are improving but looking at your responses to JD and ammo today, I was DEAD wrong. I don't really want to have 'any' conversation with you anymore, but will just drive home the point in a 'curt' way.

Q:
1) Do you recognize that ammo is a 20+ yrs trader ?
2) Do you understand how 'hard' it is even to talk to a trader who works for a bank even if he has only 2 yrs of experience ?
A:
2) Well, I will give you answer. Its next to impossible to talk to a bank trader. You should be 'eternally' great-ful to the nice soul that ammo is, that he is being so nice to you and is actually pin-pointing your blind-spots to you. You should 'actually' kiss his ass!

Now, after above 'curt' talk, let me make a final attempt to drive home the point here in a 'nice' way:

Some of us on this thread are independent traders, some working professionals who are trying to develop our edges in trading. We are here for serious discussion, not for finger-pointing and proving "I am smarter than you". So, just stop behaving in a childish way. Read up on what 'ego' is and become "EGOLESS".

Get all the above in your head.

And last but not the least, now after reading above, I know you are mad at me and want to reply back with a hard-hitting post.


STOP

Actually, reply and send me MANY THANKS!


If you can stop yourself from typing a hard-hitting post and rather send a nice thank you post for trying to educate you, you still have a chance to become "EGOLESS" and more successful in your trading.

We will all see what Lucky decides ! :D
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yes to both Q 1 &2..

i respect ammo,,where did i dis him?

yet he dissed me with his scathing vitriol.

out of nowhere.

don't really care if he or you or JD respects me or not..

i don't care, i answer to myself
 
cash,we stopped at/ inside the 08-94 cleavage,and have been banging around inside, since spx reverts a lot, we have a good chance of pulling back to lower nip or extending 4-8 pts higher,more money to be made if they pull it back to 86 then run it to 1312-16,good open int in the 131-128 spy calls that would be a nice profit if they all or 3 out of 4 go out worthless
 

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Quote from lucky lucille:

yes to both Q 1 &2..

i respect ammo,,where did i dis him?

yet he dissed me with his scathing vitriol.

out of nowhere.

don't really care if he or you or JD respects me or not..

i don't care, i answer to myself
More...

Wow! Didn't expect this. You didn't say MANY THANKS but for sure, you are not mad at me. ITS AN IMPROVEMENT DEAR!

You asked - "where did i dis him?"
The post I quoted from ammo - he was giving you feedback - look at the reply you sent to him. Instead you should have really thanked him that he took his time to show you your blind-spot.

Think about it - You are hiking in woods and suddenly a bear comes behind you (you can't see it, correct - because its behind you). Ammo is with you and he points out that there is a bear behind you and you should not move. Your name is lucky and good luck is with you - Bear passes away not touching you. Would you be eternally thankful to ammo or not ??????????? Or, would you write the comments that you wrote to him after he posted that paragraph ???????? Common man, he is showing you your blindspots, and that too in a very patient manner. Not many people would do that.

Finally, its not about anyone respecting you or vice-versa, this game is about making money, and conversation on this board is about helping each other, bouncing ideas and developing/sharpening our edges. More polite everyone is - less friction and more signal to noise ratio. Thats the whole point!
 
Quote from lucky lucille:

yes to both Q 1 &2..

i respect ammo,,where did i dis him?

yet he dissed me with his scathing vitriol.

out of nowhere.

don't really care if he or you or JD respects me or not..

i don't care, i answer to myself
More...
i apologize that you are getting the brunt,should have pm'd ya, but here is that 3 or 4 pages of personal crap that ya end up reading when you only came to see if someone saw something you didn't,this is why talk should stay on es and personal stuff just not posted,sorry to everyone else too for starting posting this crap
 
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