ES Journal - 2012

[JoshDance]

Quote from JoshDance:

SIM long 1 @ 77

out 79.50
+2.50

*I did get a fill at 77 on the sim, just wanted to note it did not trade through but I think the bid went to zero or close to zero, so it's a very highly probable fill

 

[bigsnack]

Quote from JoshDance:

out 79.50
+2.50

*I did get a fill at 77 on the sim, just wanted to note it did not trade through but I think the bid went to zero or close to zero, so it's a very highly probable fill

New high price, new high TICK, let's see how this plays out...

 

[Laissez Faire]

Quote from JoshDance:

I've bitten the bullet and I will now consider channels and trend lines on 30 minute and above charts. What was it LF, "observing the market work in diagonals"... I guess I'll go back to doing some observation.

http://screencast.com/t/6oti0Yojve3

Actually, I was quoting you from a past discussion with me.

Quote from JoshDance:

Anytime you observe a "triangle" or "bull flag" or anything similar, you observe price working in the diagonals of the market.

Not really a big fan of them myself, except when they work, which is as often as they don`t. Then again, maybe that means they don`t work at all.

They do say something about the sentiment in the market though, i.e., are dips bought or rallies sold. Not sure about the predictive value or as a precise tool for entry though.

 

[ammo]

Quote from ammo:

avg 78.25

add 85.25 avg 79.65 reduced that tl is 85.5,hasnt touched yet, but have to run

 

[ammo]

70 bid for reduce

 

[tortoise]

who thinks we can hit 1400 cash today?

 

[JoshDance]

Quote from Laissez Faire:

Actually, I was quoting you from a past discussion with me.

Yeah I know, I was poking a little fun at myself for flip flopping ;-)

 

[JoshDance]

Quote from tortoise:

who thinks we can hit 1400 cash today?

No way in hell, but maybe you were joking I can't tell?

 

[JoshDance]

SIM buy limit 1 @ 75.50

 

[bigsnack]

Quote from tortoise:

who thinks we can hit 1400 cash today?

I've done this with Josh before, but I'll bet you a Snickers bar NO WAY. 1385 or so would be my target, but 1400 is a long shot. Actually this FOMC seems to be a bit of a dud so far.