ES Journal - 2012

[volente_00]

Quote from FreakofNature:

All patterns sometimes work and sometimes fail, just because there is a daily pattern does not mean it's projection will occur.

For all I know the bullish head and shoulders could become a double top and screw everyone, would not be the first or the last time.

Anything can happen, for that reason alone, i dont like to talk about too much into the future.

If you look deep into the charts you can also find bearish patterns, and the same thing applies, they might work or not.

The unknown, what has not happened, will dictate the next course of action.


Remember the bear flag we had in october of 2011, how did that work? Right, it did not, it became a bullish head and shoulders.

FoN

Any setup may or may not work, that's why you pick your point and take your shot with a stop.

I disagree especially with a daily chart and I never trade flags as my bread and butter are ihs and h&S which are the most probable of all trading patterns. One month ago people also thought I was full of shit.

 

[lucky lucille]

out, flat

 

[ammo]

near term targets for press release

 

[wave]

Stops touched yesterday on initial short attempts. 1303 still in play, watch for the bounce under 1303...

 

[ammo]

Quote from ammo:

16.8 avg,reduce 13,5

reduce 7.75

 

[Macho]

Quote from ammo:

reduce 7.75

Nice trading there

 

[ammo]

thnx,this manipulation is messing up the normal flow from nip to ledge/ cleavage,the bouncing ball seems to have a leash attached

 

[Max618]

$ES_F: Bearish Internals. Below VA. Vol -3:1 but the daily gap is open at 1315. Expecting some bounce to close it.

 

[ammo]

Quote from Max618:

$ES_F: Bearish Internals. Below VA. Vol -3:1 but the daily gap is open at 1315. Expecting some bounce to close it.

whats the 3/1 ratio stand for?

 

[Trvlwanderer]

Comp leading the green again. Makes things interesting.