ES Journal Archive (2006 - 2008)

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Quote from JSSPMK:

I disagree, I find that volume increases after I enter position off a pattern, why should I wait for volume to pick up? TY!

I don't use volume like that. Volume is to me evidence of participation. Volume tends to be heavier at turning points--the beginning and ending of trends, on an intraday basis.
 
Quote from JSSPMK:


2 &3 prepping for upside ImO

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3 min ready for buyers to stet up ImO



8.40 of course anything may happen, though 1,2,3,5 min charts suggest staying long ImO

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<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1782603>
 

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Quote from volente_00:

Ask them how many shorts they murdered in 00-01 on the short cover rallies that killed even the pros.

good point. I find it harder to short because the moves down are so fast and when they cover, they cover quick. You will see them keep attacking the lows of the day, gotta have direct access to see it in its glory. Counter trend scalping here is good though.
 
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