ES Journal - 2012

[bigsnack]

Quote from Lespaulr0cker:

Agree, very high.

High is good! If price is moving higher as the TICK is moving higher, it's a clear trend.

 

[CollegeTrader]

news on greece might move market..

 

[Lespaulr0cker]

Quote from bigsnack:

High is good! If price is moving higher as the TICK is moving higher, it's a clear trend.

Doesn't extreme tick sometimes signal a blow off and subsequent reversal?

 

[gmst]

Quote from gmst:

long 1344.75, seems we are going up till end of day.

2 point stop on this one

stop moved to BE+1 tic, so 1345,

will be on my toes to get out and possibly reverse, if we touch 1347.5

 

[bigsnack]

Quote from Lespaulr0cker:

Doesn't extreme tick sometimes signal a blow off and subsequent reversal?

This is death in my opinion. High TICKs are signs of strength, not weakness.

 

[Lespaulr0cker]

Quote from bigsnack:

This is death in my opinion. High TICKs are signs of strength, not weakness.

Thanks for the feedback...things seem to be holding so far.

 

[gmst]

bigsnack check this out

After you mentioned, I looked at the website of no bs day trading and read through it --- looks good. I decided to read what people are saying about it and so I googled following:

Google Following --> "no bs day trading review"

The first link has got the author of the ebook promoting his method. Another trader on the site called grey1 has written a very good critic of why 'no bs day trading' won't work in this algorithmic world. Especially, read page 5 of the thread. Informative.

Edit: first link on googling will take you to trade2windotcom site.

 

[bigsnack]

Quote from Lespaulr0cker:

Thanks for the feedback...things seem to be holding so far.

Yeah don't get suckered into the idea of overbought and oversold. The market will tell you when it's done. If the TICK keeps hanging out above zero, we won't sell off.

 

[bigsnack]

Quote from gmst:

bigsnack check this out

After you mentioned, I looked at the website of no bs day trading and read through it --- looks good. I decided to read what people are saying about it and so I googled following:

Google Following --> "no bs day trading review"

The first link has got the author of the ebook promoting his method. Another trader on the site called grey1 has written a very good critic of why 'no bs day trading' won't work in this algorithmic world. Especially, read page 5 of the thread. Informative.

Edit: first link on googling will take you to trade2windotcom site.

I will check it out!

 

[ammo]

its 230 cst b/a volume 54708/76254 46-46.25 ...watch the total volume increasing on either for a sign it will go up or down,faster means larger move,slower =s smaller move ....... edit 4425 and 4625/50 fat vol spots on the dom