ES Journal - 2012

[Lespaulr0cker]

Quote from ammo:

well it seems stuck in the middle of nowhere, hence the rf "without a farm house near"

The 1400 farmhouse isn't far off, just trying to get as many takers as possible before heading home and beyond.

The markets hate uncertainty which is exactly what we have until the election results are in. More downside is a stark possibility due to this enviornment alongside poor earnings.

Relief will come when the election results are known, regardless of who wins, and poor earnings news is behind us.

 

[Trvlwanderer]

little 15 minute bear flags on comp and indu ready to break?

 

[ammo]

we bounced off the spx 07 ledge,normally that would have been a dead cat then 01,the 8 /27 high of 1416 and yesterdays low of 1422 leave a small gap that may or may not fill and the bounce off 07 needs to find sellers before it stops...odd behaviour..sitting on hands

 

[Pekelo]

Quote from fishing:

are you stalking him how can u remember his position

Hey, I also remembered it. Not to mention that it took a 40 pts dive twice, so it kind of questions B1S2's ability to see directions...

 

[Lespaulr0cker]

6 week results after first year:

 

[Spectre2007]

50% Fib retrace 1431

a failure at the 50% would confirm the move, its also where the channel trend for the move is.

 

[Spectre2007]

Quote from Spectre2007:

50% Fib retrace 1431

a failure at the 50% would confirm the move, its also where the channel trend for the move is.

screen

 

[Spectre2007]

Quote from Lespaulr0cker:

6 week results after first year:

confirm that the fills from broker match the signal fills, then you should be golden.

 

[Spectre2007]

there are a lot of technical short plays at work, given what price has done on the charts. So some of those shorts will be forced to cover as price is brought back up to 1430+, at 1430+ your within 30 points of the high and 30 points from the recent low, so lot of indecision will be there, the big players that algo ES, can shake some of them out, and then resume a trend based on future factors. (elections/holiday season/QE3 scope increase in DEC)

 

[Lespaulr0cker]

Quote from Spectre2007:

confirm that the fills from broker match the signal fills, then you should be golden.

This is buying one tick above the offer and selling one tick below the bid to insure immediate fills when the decison to enter and exit is made.