ES Journal Archive (2006 - 2008)

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Quote from JSSPMK:

I had another trading dream LOL limit downs coming up
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That's a pretty safe bet. If it wasn't for the elimination of the uptick rule we would already have been limit down a couple of times.
 
looked through that liabrary which article was it by?

TIA

Quote from princessa:

i used to wonder how some people would call high low open close for the day when it was all i could do to tell if the market was going in one direction or the other. after reading taylor, it makes sense. they're simply calling buy days, sell days, and short sell days.

there's a nice synopsis of taylor's work in adobe acrobat format on the net. if i remember the site, i'll quote it.

edit: found it. trading naked library.
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Quote from princessa:

i used to wonder how some people would call high low open close for the day when it was all i could do to tell if the market was going in one direction or the other. after reading taylor, it makes sense. they're simply calling buy days, sell days, and short sell days.

there's a nice synopsis of taylor's work in adobe acrobat format on the net. if i remember the site, i'll quote it.

edit: found it. trading naked library.
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Although much of the book method is still applicable, Taylor's three day pattern of buy days, sell days, and short sell days does not work consistently in the ES, so I do not use it.

The key in using Taylor is knowing what works and what doesn't.
 
first tl supp i see is 1231 ,98 to 01 tl skipping the war and tech fallout and a few spike lows,the next is back to a 98 =03 low comes in around 1151if we got there next week,ther is an underlying liquidation due to what they are calling subprime,but i think the banks really got hosed when the funds sold the same basket of mortgages 10-20 times and no one checked,and now the morgans and jps are waiting for these banks to cave and buying up there assets for 10 cents on the dollar,berkshire and ge have been buying them publicly,the houses being snakes are setting these banks up and not disclosing there deals
 
Quote from Spectre2007:

have you calculated the limit down price?

:)
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of course not, all I remember from the dream is that markets nose diving like we haven't seen for a long time & after finding support they bounced creating a massive hammer. Unfortunately, that's all I can tell you :)
 
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