ES Journal Archive (2006 - 2008)

[brightstone]

Pacific, 3 hours behind. using 3 minute with 14 rsi no smoothing

 

[romik]

Quote from romik:

currently long 1379.50

stopped for -3 points, again short grail from 9.05am EST is outweighing the current long grail, which just got busted. Will wait now for another long grail and a break of a short grail's trend line from this morning.

 

[brightstone]

Would you go long when the trend line is broken or when it passes up through the 30?

Quote from romik:

stopped for -3 points, again short grail from 9.05am EST is outweighing the current long grail, which just got busted. Will wait now for another long grail and a break of a short grail's trend line from this morning.

 

[romik]

Quote from brightstone:

Would you go long when the trend line is broken or when it passes up through the 30?

it's broken the trend line, I am now waiting for a higher low in both RSI and price. I'll let you know when I'll take another long.

 

[romik]

Long 1377.75

 

[Spooz Top]

Quote from tradequicker:

go to the 15 min chart .....be sitting down.....

better yet,the 30 min chart.............

 

[romik]

If I wasn't tracking RSI grails for signals, I would have considered long at 1380 a much safer bet.

 

[brightstone]

maybe the 2:00 crew will change the trend for today.....

 

[4re]

Quote from Buy1Sell2:

Gary, the analysis here is done for the benefit of those who do use short term charts. That's all. Thank you for your post however and keep them coming. They are interesting.

B1,
Tradequicker is Porgie, not me

Gary

 

[Spooz Top]

Quote from tradequicker:

yes but 30 is too difficult to trade unless you can handle the bigger stops......sometimes much bigger......15 is juuussst right......porgie

agreed on that assessment most of the time but the 30 min will sometimes show the clearer picture.

B1....nor is TQ spooz top