ES Journal Archive (2006 - 2008)

[romik]

Quote from m4a1:

...at some point between 11:00 and 11:15 the high price would have been used to determine the rsi and you would have seen a long grail...

I only comment on what you've typed. You are saying that between 11-11.15 there was a long grail and after 11.15 it disappeared? When did it disappear? If it disappeared straight after 11.15, it's possible as you have to wait for that 11.00 bar to close. If you saw a long grail from 11.00 till 12.00 and then it disappeared, that I've said is impossible. You do get failed patterns, but on 15 min TF you would not see any type grail formed within a 15 min frame, you can only see part of an earlier formation. I would say on 15 min chart grails take about 60 minutes to form a pattern.

 

[4re]

Quote from Keeper:

What makes you think INTC is going down?

Looking at this chart you will see where old support has now become new resistance and the beginning of a bearish channel. Just a month ago I was very bullish on it but I do believe the tide has turned.

JMO Though,

Gary

 

[Keeper]

Just be careful, usually the last 2 months of the year, INTC tends to pick up.

Quote from 4re:

Looking at this chart you will see where old support has now become new resistance and the beginning of a bearish channel. Just a month ago I was very bullish on it but I do believe the tide has turned.

JMO Though,

Gary

 

[4re]

Quote from Keeper:

Just be careful, usually the last 2 months of the year, INTC tends to pick up.

That is why I do straddles and strangles on my option trades. I don't have to be right this way I just need more movement to make my money. If things really work out I will make money on both sides.

 

[Buy1Sell2]

Fri afternoon signal carried straight through to this morning. Absolutely beautiful.

 

[brightstone]

What tf?

Quote from Buy1Sell2:

Fri afternoon signal carried straight through to this morning. Absolutely beautiful.

 

[volente_00]

volente short grail at 1389.75

 

[romik]

Quote from brightstone:

What tf?

15, also there was a long grail on 15 earlier on

 

[volente_00]

Quote from Buy1Sell2:

Fri afternoon signal carried straight through to this morning. Absolutely beautiful.

So are you saying you would have held your longs from then ? I thought your plan says no holding of longs over weekends, only shorts.

 

[Buy1Sell2]

Quote from volente_00:

So are you saying you would have held your longs from then ? I thought your plan says no holding of longs over weekends, only shorts.

I don't hold longs over the weekend, but I reenter them on Sunday night if the market hasn't tanked.