ES Journal Archive (2006 - 2008)

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Quote from BoyBrutus:

Romik you can search Scientist's post he liked trading the premarket from the west coast of Australia. Same observations as you, smooth trends, less noise and less pro's for fakeouts. Watching the Dax (Divergence and apply technicals) can help your timing and signals, I haven't followed the FTSE, CAC, Euro but it may help. Tops and bottoms seem to be nicely tested. Scaling out was important for him.

B1S2 thanks for the example

Just curious BB--did you look at the price of the Euro fx this morning?
 
Quote from Buy1Sell2:

Just curious BB--did you look at the price of the Euro fx this morning?

No I dont subscribe to that data feed yet or trade forex. Do you think it is useful for emini trading? I may look at the eurex us.
 
Quote from BoyBrutus:

No I dont subscribe to that data feed yet or trade forex. Do you think it is useful for emini trading? I may look at the eurex us.

No not necessarily, I just wondered if you had had a chance to review the divergence example that I posted a few hours ago. Here is the current chart---notice how divergences can work well--B1S2
 

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Now here is the current 60 minute ES chart. This is actually a triple bullish divergence with the third higher MACD trough actually above the zero line thus making it a little less visible. This suggests a short term bounce. Doesn't mean of course that it is 100 percent. That's why stops are used in short term trading.
 

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Hi all,

Here's a trade idea for today / right now in the DAX. A different stock index to the ES but, broadly speaking, similar principles apply.

Looks like we're heading for a third down day, after two trend days lower. The weekly chart suggests we're still in an uptrend. On the back of that, buy MOC tonight and flatten out on tomorrow's open.

Any comments? Let's see how it works out.

All the best,
AM
 
Quote from Buy1Sell2:

Now here is the current 60 minute ES chart. This is actually a triple bullish divergence with the third higher MACD trough actually above the zero line thus making it a little less visible. This suggests a short term bounce. Doesn't mean of course that it is 100 percent. That's why stops are used in short term trading.


nice little bounce on this one
 
Quote from alpha_monkey:

Hi all,

Here's a trade idea for today / right now in the DAX. A different stock index to the ES but, broadly speaking, similar principles apply.

Looks like we're heading for a third down day, after two trend days lower. The weekly chart suggests we're still in an uptrend. On the back of that, buy MOC tonight and flatten out on tomorrow's open.

Any comments? Let's see how it works out.

All the best,
AM

Not certain-- I have never looked at DAX. Can you post a chart? Thanks--I guess this isn't too off topic since it's still an index.
 
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