ES Journal - 2013

Quote from Laissez Faire:

Expecting today's high @ 1688,50.

I think we're done below. Maybe another push down, but I don't think we'll trade below YDAY low. :)

I maintain this view and want to add that I have the next price target above at 92.

:)
 
No offense to anyone, but I don't think news have any place in technical day trading. I'm not even sure there is any value in it for a long-term trader to be honest.

Agree?

Disagree?
 
Quote from Laissez Faire:

No offense to anyone, but I don't think news have any place in technical day trading. I'm not even sure there is any value in it for a long-term trader to be honest.

Agree?

Disagree?

biotechs often enter triangles prior to fda approval, what technical method can predict which way the triangle will break out?

similarly how does merger news get explained technically? buying a company for $x/sh, share price is lower/higher (sometimes significantly)
 
Quote from Laissez Faire:

No offense to anyone, but I don't think news have any place in technical day trading. I'm not even sure there is any value in it for a long-term trader to be honest.

Agree?

Disagree?
yesterdays dc gunfire, boehners remarks,todays announcement of a budget crisis dc speak pending, will all move the market .... edit 83 50 -4 25 is tuesdays es nip

(,todays announcement of a budget crisis dc speak pending) do we pop on that or is this buy the rumor fade the news?
 
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