ES Journal Archive (2006 - 2008)

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Very incorrect and I can prove it easily /after trading/. If we speak about contratrend daytrading, it s often very easy and exact to gues where the trend exaustion will end. I am often able to do it to the tick.

On contrary, pulback in trend are or round and lasting many minutes, unsharp /may be 1 second stop run from it/, or so quick that is impossible take position /I call this type of PA attacking wedge - price jumps from it in hourly trend direction/

Oldtrader using 1 tick chart knows for sure about what I am speaking.

Contatrend stops can be as tight as few ticks /if you are wrong you do not want another legs against you/, if you are correct there will be just few tick jump against you, and the trend trades need WIIIDE stop /nobody can tell exactly for example when my attacikng wedge is ending/

Quote from Buy1Sell2:

It's the trend traders who have that luxury.:)
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Quote from osorico:

Man... yesterday you posted directly to me that you were going to be the other side of my stop, were it to be hit. Holy shit, YOU BASTARD!! You single-handedly moved the market 14 ES ticks to cause my loss! You sonofabitch!

I had no idea I was in the company of such well-financed icon-like traders capable of moving the most liquid markets in the world. Or should I say traitor.

And I thought you were for real.


Osorico
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No doubt, I didn't move the market. But when it came within a tick from your stop, I probably did think long and hard about taking you out. After all, it doesn't require much to achieve that. Just 1 contract.

Suffice to say, I don't think it really matters to anyone else whether I post my stops or not. At the end of the day, the only person in this entire forum who actually gives a fuck about whether I made money or not is ME!
 
This market is nuts, 25 points up 10 points down 6 points up (6points up in 30 seconds). These are weekly movements before the shit hit the fan...


Quote from osorico:

Man... yesterday you posted directly to me that you were going to be the other side of my stop, were it to be hit. Holy shit, YOU BASTARD!! You single-handedly moved the market 14 ES ticks to cause my loss! You sonofabitch!

I had no idea I was in the company of such well-financed icon-like traders capable of moving the most liquid markets in the world. Or should I say traitor.

And I thought you were for real.


Osorico
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Quote from Pholeuon:

If we speak about contratrend daytrading, it s often very easy and exact to gues where the trend exaustion will end. I am often able to do it to the tick.
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No kidding. ---I am not talking about entering at the end of the trend. I am talking about trading pullback and retracements within an existing trend
 
I never read your post, I am just exhausted from these markets and trying to figure out the next 20 point move....

edit
Sorry i see the confusion i answered your post, sorry was not a response to you just an error on my part..
Quote from osorico:

I think you missed the sarcasm and reproach of my post. Saliva got it tho.
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Me too. I am speaking about movements lasting mostly tens of minutes. To see trend without very strong pullback longer than 2 hours is rare these days.

With another words -+ trend is by me something not longer than very few hours.
Than it makes big pulback that will have inside tradable pulbacks as well and must be considered like new hourtrend /today by es you have every 10 minutes opportunity get 3 point moves as minimum 2-3x during that period/

I speak about daytrading, not swing.
 
Quote from Buy1Sell2:

All posted trades need to include the exact entry and the exact stop level. Otherwise they are disregarded and considered to be paper trades.
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Considered BY WHOM?

And, in addition, who really is keeping score? :p
 
One question more. Where is the daytrend right now? Up following todays earlied action or down sliding whole week?
If I enter now, what is trend and what contrathend trade /1230 ES/
 
Quote from jagmot:

Stopped out on the above trade for a few ticks.

Reentering this trade, however using ESZ8 now.
Long 1227.00
Stop 1219.00
Targets 1247.25 and 1256.00
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Well they just gunned out my stop at BE.
 
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