ES Journal Archive (2006 - 2008)

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Monaco are u still with us or have you closed earlier on?

yeah 1251, interesting third time been hit and held level pretty well...that 51-53 area is definitely strong support there, quite a few hammers popping out within that range.
 
Quote from MONACO11:

I get the distinct impression the President is
visiting the Merc today...soon, this I what am hearing from
the squawk guys...

Maybe they will run it for him...

We shall see...


Monaco nice call, I heard Dick Cheney visited the CME. I wasn't checking the journal. I didn't know WTF was happening it would have saved me a loss. Live and learn the ways of the market.

Have a good weekend guys.
 
I normally don't hold longs over the weekend. I will close Market on Close and then reenter perhaps Sunday night. Perhaps we will have a rip into the close eh?
 
Well, I was luck enough to buy a few at the 1253.75 near
the close...

I sold the others (to answer Romik's question) at the 62 from
the 55 entry...

I don't normally buy on a Friday, but I am feeling lucky.

Have the best weekend guys..

Monaco
 
Quote from romik:

Monaco are u still with us or have you closed earlier on?

yeah 1251, interesting third time been hit and held level pretty well...that 51-53 area is definitely strong support there, quite a few hammers popping out within that range.

do you think support that has held on 3 occasions (I think) at "AREA 51" so far, could lead to believe that some major participant is holding a long position there and does not want that level broken, it is possible, isn't it?
 
B1, I had a look at some other threads where people post their PnL and pictures of their workstations and these type of attachments are being viewed by so many more people in comparison to the ones viewing chart/strategy attachments, kinda makes me think that most just want to live this illusion of being a trader by looking at pictures and not putting the time into research. For example, take another current journal, the guy got something like over 800 clicks of people wanting to see what his working environment looks like and 100-200 per attachment of his PnL, which means nothing to others as he does not mention when and why he is entering/exiting trades, I mean what can be learnt from this? Nothing. And in this journal people post some charts (some real-time) and calls in real-time and and the amount of views is substantially less. Amazing stuff, is it not? Maybe you need to post some images of your pool area with your laptop by the side, to sex up the journal a bit :D
 
Quote from romik:

B1, I had a look at some other threads where people post their PnL and pictures of their workstations and these type of attachments are being viewed by so many more people in comparison to the ones viewing chart/strategy attachments, kinda makes me think that most just want to live this illusion of being a trader by looking at pictures and not putting the time into research. For example, take another current journal, the guy got something like over 800 clicks of people wanting to see what his working environment looks like and 100-200 per attachment of his PnL, which means nothing to others as he does not mention when and why he is entering/exiting trades, I mean what can be learnt from this? Nothing. And in this journal people post some charts (some real-time) and calls in real-time and and the amount of views is substantially less. Amazing stuff, is it not? Maybe you need to post some images of your pool area with your laptop by the side, to sex up the journal a bit :D

Might be a good idea! Anyway though, we are doing what's important to us and that is making our analyses and trades in real time which opens us up to being wrong. This is more like how the market actually works and I prefer that don't you? You are correct that we get less views, but I would assert that the views we get are from people who are interested in learning something from what we are doing. It might be that they are learning what not to do, which is ok as well. If we are helping even one or two people, then it is worthwhile. I agree that pictures of PnL are not what I am interested in as they mean nothing when not in real time. What does interest me is the thought process that goes into making a trade whether right or wrong. One thing to note: very few people actually take the time to do the study and practice that will make them good traders. This is why 90 percent or more fail.--That and getting overextended. :)
 
Uh, hey!

Just for the record, I've been trumping your thread for a while now. :)

I've also been paying attention to your market calls (but never taking them though, I believe a trader should trade their system) and they're conistently on the mark ... a lot ... for weeks now.

Like you said B1S2, they guys/girls who really want to learn how, will.

Later,

Jimmy
 
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