ES Journal - 2014

you can do it later ,non live, the repetition would help you forecast the small moves,cleavage fills nip targets,get you familiar with drawing the charts , i have never done that other than to rechart to clean up or discard an old chart, doing it live would give you the chance to predict and be right or wrong and try to figure out why, narrowing down, discarding false beliefs, and recognize percentages, strong chance 50/50 or low chance of, if this, then that, happening


So live is better, but after will work but take longer. Thanks, will try and get some live practice in when I have the time. I suppose I can do the daily charts live as they are a longer time frame, might be good practice.

Thanks Ammo.
 
(avg 03.93, reduce 04.5...reduce 3.25add 06 75 reduce 98 75, with ya builder
add 04.5 add 2009 75...avg 2007 edit add 09 avg 07 7/16reduce 98.75 keep an eye on that dvol spike and uvol flatline since 1 30 central)

reduce 92
put these back out at 97 25 against the 99 cash nip,call it a scalp, still holding shorts at 07 .43
 

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So live is better, but after will work but take longer. Thanks, will try and get some live practice in when I have the time. I suppose I can do the daily charts live as they are a longer time frame, might be good practice.

Thanks Ammo.
if you are at work, you could just update at the end of each 30 minute time frame,not the same as live but better
 
Greetings ammo. The ECB specifically stated there will be no sovereign QE. They are focused on buying high quality private sector debt. So austerity prevails in Europe and there is no forthcoming ECB QE that will flow directly into equities. Eventually the ABS program might help, but that will be 6 months to a year out in terms of that liquidity finally trickling into equity portfolios.

I am long RUT puts from 1180 for the trend line break and consequent test of 1165. Some of that is off now and I will take another piece at 65 with rest held for more tomorrow to see if we can follow through to RUT 50 or less.


View attachment 144144

ECB can call it what they want to. End of the day liquidity is being forced into their multiple economies that together equate to little growth forcing deflation and ultimately will continue to be positive for the $. Strong dollar is typically good for America when economy is strong with no help from feds. That's not the case this time around.

What feds feared most is panning out and their only option is to keep rates low and possibly extend QE. The shits not rocket science, they just communicate it to main stream to keep them confident.
 
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