ES Journal - 2014

[NoDoji]

If no one raises his hand, who are these new buyers and why are they buying?

They're buying because they feel so exhilarated after spending the night with your models.

ADD: TJ, they're buying because price hasn't reached either of the upper channels in this uptrend. Most experienced traders wait for the test of key levels before taking profits (with-trend) or initiating counter-trend positions.

 

[Spectre2007]

ES at 1880ish, SPY at 188.40s area. Anyone here who is entering new longs, raise your hand so that we can admire your courage.

If no one raises his hand, who are these new buyers and why are they buying?

http://www.elitetrader.com/vb/showthread.php?t=253318&highlight=Ponzi

This is how equities are traded..

 

[BSAM]

No trades yet for me. This is rare ! Thought I was gonna get a signal to buy at this 1877 level, but no dice. Really wacky pa. If I don't understand it, I don't trade it

You're a wiseman, brother Weisman.

 

[BSAM]

Right now Mr. Market is playing that funky music.
My system is currently indicating short.
Of course these can be rapidly changing events.
PA ain't real purdy today.

 

[tradingjournals]

Short entry issued at 49. Sellers currently estimated in area of 69 to 79.

The models were once again very accurate!

 

[tradingjournals]

They're buying because they feel so exhilarated after spending the night with your models.

ADD: TJ, they're buying because price hasn't reached either of the upper channels in this uptrend. Most experienced traders wait for the test of key levels before taking profits (with-trend) or initiating counter-trend positions.

Those buyers got nailed!

 

[tradingjournals]

A third party plans to offer trading signals based on my models. How much do you think they should charge for the service?

 

[tortoise]

Gap and go tomorrow. 1920 by opex.

 

[tradingjournals]

Gap and go tomorrow..

Up or down?

 

[tortoise]

Up or down?

Lol. Good one