ES Journal - 2014

[kerry888]

short YM 1 contract 15841 stop 15855

 

[Wide Tailz]

Speaking of other indices..... TNA looking to put in a base at the bottom of the range, still too early to tell, though I'm already long :eek:

 

[ammo]

ammo, thks for your chart. would you pls explain what you believe it shows? thnks

when rising market looks for sellers,usually at resistance, when dropping it looks for buyers, usually at support,it shows supp lower so for this to be a low,you would need supp in transports or spx or nasdaq or some of the currencies,but for dow alone support is much lower
so buyers here are likely not going to be in large numbers and not likely to tag the low
when it does get there you need to see demand/buyers ,or it's not support

 

[kerry888]

when rising market looks for sellers,usually at resistance, when dropping it looks for buyers, usually at support,it shows supp lower so for this to be a low,you would need supp in transports or spx or nasdaq or some of the currencies,but for dow alone support is much lower
so buyers here are likely not going to be in large numbers and not likely to tag the low
when it does get there you need to see demand/buyers ,or it's not support

thnx. i'll pull all these after mrkt close today. i don't use any lines, indicators etc, i trade off my sentiment so i look forward to objective analysis.

 

[ammo]

thnx. i'll pull all these after mrkt close today. i don't use any lines, indicators etc, i trade off my sentiment so i look forward to objective analysis.

we are barnacles on a large ship,market is the ship , we follow ,nice to know where all the ports are that the ship may pull into

 

[kerry888]

short NQ 3501 stop 3505.75

 

[kerry888]

AAPL is last survivor here...needs to approach red

 

[ammo]

support line from may in cash comes in at 1775

 

[ammo]

looking for 90-92 for a reduce,not posted

reducing here at 76 cash

 

[Builder17]

l 72
stop 65
t 84