ES Journal - 2014

[pfranz]

I'm glad Ammo has done well today, but he has been on the wrong side of the market nearly everyday since i've been here.

Which is the wrong side of the market? He caught some small down moves and was positive 9 months out of 12 las year, according to him.
We don't know how much positive/negative were his months,but his methodology seems to work. Surely it doesn't look similar to pinkman's strategy: he has stops, and he doesn't only add, he reduces too when at loss.

 

[mastacoli71]

SPX monthly

 

[kerry888]

I just want to thank ammo for his incredibly thoughtful and informative private post about bipolar help. This guy goes way out of his way to help...great guy. thanks ammo. (ps he doesn't suffer it)

wiseman02, thanks too

ps Not going to waste anymore time on this BS; this is about trading ES successfully. I hope I can help in this regard.

 

[kerry888]

i'm thinking about buying ES tonight for a retrace...way oversold & needs to fill two gaps above. I think NQ will head toward 3490-3500 while ES languishes then slowly reluctantly climbs higher. I won't hang on ES for either eventual gap fill..

 

[Visaria]

I'll probably short it, i like to go with the flow if possible

 

[Daring]

i'm thinking about buying ES tonight for a retrace...way oversold & needs to fill two gaps above. I think NQ will head toward 3490-3500 while ES languishes then slowly reluctantly climbs higher. I won't hang on ES for either eventual gap fill..

Concepts like oversold and overbought probably kill more Jews than Hitler.

 

[Visaria]

I'll probably short it, i like to go with the flow if possible

short 79.75 full position

 

[kerry888]

Concepts like oversold and overbought probably kill more Jews than Hitler.

Call it whatever, you like mean reversion better? The longer term trend is still up and buyers are waiting in the wings for their golden opportunity.

 

[ammo]

there 's a support line at 75-72 cash that started in may

 

[Visaria]

equates to 65 on esh14? i would say support at 70ish on esh14