ES Journal Archive (2006 - 2008)

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Quote from Buy1Sell2:

Noone here has ever had interest in my position trades. ET is a site for daytraders.
You have a different Journal for your position trades, so there is nothing to prove on that point.
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The problem with posting your ES position trades in this Journal is that you usually feel the need to defend them as well ... and quite often you're trades look at a much larger timeframe than what is happening on an intra-day level.

So quite often what would happen is that your position trade time frame would be down while the intra-day time frame was blasting up by 15 or 20 points ... while there was never any confusion amongst the experienced traders, anyone looking at the Journal with an eye towards getting advice on what to do on an intra-day level, was looking in the wrong place. And I don't believe it was very effective telling people to be Long and Short at the same time, although there certainly are traders who can trade like that.
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It's all a moot point.

it's your Journal and you can do what you want with it, not to mention that I don't believe posting trades on an internet board is good professional conduct for an intra-day trader while they are managing their position(s), anway.

Much more information is gleaned from observiing your process than from observing your trades, and it is more important to know what works and build a trading model based on that information, rather than knowing why someone is taking a trade ... once you have the aforementioned tools, you can figure that one out by yourself. :)

Good trading
 
Quote from OldTrader:

As one of those who I suppose you are accusing of "ass kissing", I would say that I am simply getting tired of seeing people sniping away at B1S2, without posting a trade, or for that matter posting any type of methodology.

I think B1S2 has done a good job of setting forth a viable method of trading, he has shown specific real time trades and their management. That's considerable information from a successful trader.

I got no problem with disagreement. What I got a problem with is disagreement when nothing specific is offered.

For instance, I don't care for the canned indicators. So what? I think there are likely those who have figured out how to use them. Why argue about it. Again, if you don't agree, or you think lyou got something better, why not simply describe that, instead of crapping all over B1S2?

OldTrader

Well said, WTG!
 
Quote from iloveoptions:

One thing is almost certain for me at least. We should see this market trade somewhere between 1280 -1350 till options expirations (next week), and I'm certainly going to be playing both sides of this coin.

June options expired last week.
 
From the makers of Sell-Off and Short-Squeeze..... this Junes biggest blockbuster - BIG BOUNCE.... coming soon to an index near you - shorts have 20-25 more ES points at most left to the downside IMO before a pretty big rip up. Not to be too picky, but a tiny bounce and then one more move down to ~1310-1313 or ~1295-1305 would be a super nice long setup to go for 50+ points.
 

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Quote from tommymoose:

From the makers of Sell-Off and Short-Squeeze..... this Junes biggest blockbuster - BIG BOUNCE.... coming soon to an index near you - shorts have 20-25 more ES points at most left to the downside IMO before a pretty big rip up. Not to be too picky, but a tiny bounce and then one more move down to ~1310-1313 or ~1295-1305 would be a super nice long setup to go for 50+ points.

:)

I do see that wedge there & I LIKE it, but the thing that I don't like is the bearish allignment of all 3 big time frames (D,W,M).
 
I have seen a lot of time based analysis claiming that these few days should be the turning point of this down move.

Based on yesterday's fearless buying, it seems that someone did step in to start buying in a not so normal manner. :)

My experience with time based analysis, however, is that the critical time point could be either the change-in-trend point OR the acceleration point.

I need more evidence in RTH before trying to catch this falling knife. :D
 
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