ES Journal Archive (2006 - 2008)

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Quote from romik:

there was a nice bullish divergence on 5 min rsi + a perfect WRB on 15, I think I'll have a steak as well tonight
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Nice Work!! I guess we should all have a virtual steak dinner tonite.
 
Quote from romik:

B1, triple bullish on 15 min RSI, gonna take a long into the early morning, what do you reckon?

EDIT: Sorry, 5 min chart
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I see the triple bullish divergence on the 5 , but I didn't see it yet on the 15. The 15 just had a large histogram trough that is a bit too large for me yet. Can you post your 15?-- I'm sorry , I now see that you corrected for the time frame-- hmmm- I'm not certain that I would hold too long just yet. I am more inclined to hold on hourly charts etc or if perhaps the 15 had confirmed.
 
Quote from Buy1Sell2:

I see the triple bullish divergence on the 5 , but I didn't see it yet on the 15. The 15 just had a large histogram trough that is a bit too large for me yet. Can you post your 15?-- I'm sorry , I now see that you corrected for the time frame-- hmmm- I'm not certain that I would hold too long just yet. I am more inclined to hold on hourly charts etc or if perhaps the 15 had confirmed.
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yeah, since it was a 5 min divergence and also some movement has occurred already, I cleared 1.5 points and closed. As you said correctly too short of a time frame for positive odds.
 
Quote from sosa1974:

Cover 1272 on the 1280 entry. Im Flat. S2 great hold!!
I'll post chart when I get chance. Time for another Well done Steak dinner!!
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yes-- Ive got some cheap ribeyes ready to go. Hopefully Romik's bull play will get him a steak too!
 
Quote from Buy1Sell2:

yes-- Ive got some cheap ribeyes ready to go. Hopefully Romik's bull play will get him a steak too!
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LOL, with my point here and there I'll settle for a brisket ie. rubber steak

EDIT: there is always McDonalds in the worse case scenario
 
Quote from Buy1Sell2:

We've just now hit the oversold line on the hourly chart. I am past the 12 point minimum gain here per contract. I am going to let this one ride and see if we can get out a bit lower.
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===============
Looks like its headed for a double fibonacci number again,
not 1313 as in May ;
but 1255.
 
Quote from murray t turtle:

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Looks like its headed for a double fibonacci number again,
not 1313 as in May ;
but 1255.
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Interesting!! We did hit that 1312 1313 number quite a bit recently didn't we? I'm not a Fib guy Murray, but I'll take your word on the 1255.
 
Charts are very interesting today. I really see the daily as a bottoming pattern and a further bounce in the offing although one never knows exactly when. However, the weekly chart does not show bullish at all right now. I will hold the short positional trades based upon the weekly chart and I will look to cover the 2 short term trades from 1288.25 on the next hourly chart bullish divergence. I will also go long at that point in the short term account. Some may ask,"Isn't that just covering the positional shorts?". Well , yes----and ------no. The two strategies and accounts are independent of one another.
 
Quote from Buy1Sell2:

Can you post the evening star chart for perusal? Thanks!
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You can see the 1610 evening star set up nicely. The second one @ 1603 which I didnt take, looked weaker but was much stronger.
 

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