ES Journal Archive (2006 - 2008)

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Quote from romik:

Nowhere near that, 4 hour chart showed a lot of strength at that time, I assumed pointless holding a hedge position when pretty much all markets (Europe included) taken off their support levels. My silver portfolio is having a great day today, at least there is that bit of positive to report back to the Mrs :)
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I personally find the NQ to be one of the most difficult markets to trade of anything I've ever seen. It's choppy, explosive moves don't fit too readily to any patterns that I've developed.

Thomas Stridsman seems to feel the same way. He's a Scandinavian trader who has done extensive analysis and modeling of the financial markets. I really enjoyed his talks at the Ny Trader's Expo.

Here's his site.

http://www.thomasstridsman.us/aboutus.html

Good trading,

JJ
 
vol, don't be jealous of carboni......are u afraid princessa will choose him for trading hero instead of you? lol...kidding okay?
 
Porgie, I think the guy is a pretty decent technician but I want to see his trades when we are not in a bull market. Anyone can buy the dip and ride the wave, but few can transition when the market is chopping and not trending.
 
vol...i didn't see the last post by you.....didn't mean to play with you like that...yes, anyone should be able to ride the trend...but the 5 min charts give them too many retracements that are mistaken for reversals..i like the 10 min charts on up to 60......
 
Quote from porge:

vol...i didn't see the last post by you.....didn't mean to play with you like that...yes, anyone should be able to ride the trend...but the 5 min charts give them too many retracements that are mistaken for reversals..i like the 10 min charts on up to 60......
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Those retracements on the 5 minute charts can make for nice scalps if a person will be patient and see if it turns into a breakout of a flag pattern. If it does not and turns into a reversal then at least you would not have entered or lost money. But I like the 15 minute charts myself.
 
Oscar´s latest:

01/22/07 5:17 AM EST.

1ST FLASH UPDATE INDICES TRADES
WE ARE NOW FILLED IN S&P (ESH7) SHORT@1462.00. LAST TICK=1462.00
WE ARE NOW FILLED IN NASDAQ (ENH7) SHORT @ 1848.00 LAST TICK=1847.50
KEEP YOUR BUY STOPS IN PLACE
ILL KEEP YOU INFORMED
------------------------------------------------------------------------------------------------------

VIDEO LINK:
www.youtube.com/futuresanalysts
Enjoy the show,
Oscar



Daily Trading Recommendations for Thursday 2/22/07

S&P (SPH7) and EMINI (ESH7) March 07

TODAY'S OMNI DIRECTION IS LOWER

SELL SHORT AREA = 1462.00 / 1463.00

BULLISH POSTURE IS NEGATED IF ABOVE 1467.50 X.

TAKE PROFIT AT THE 1447.00 / 1445.00 AREA, OR EXIT BY CLOSE.

NOTE: SUPPORT IS EXPECTED AT THE 1451.00 LEVEL
________________________________________________________________

NASDAQ (NQH7) and EMINI (ENH7) March 07

TODAY'S OMNI DIRECTION IS LOWER

SELL SHORT AREA = 1848.00 / 1849.00

BULLISH POSTURE IS NEGATED IF ABOVE 1853.50 X

TAKE PROFIT AT THE 1827.00 / 1825.00 AREA, OR EXIT BY CLOSE.
________________________________________________________________

CORN (ZCH7) March 07

TODAY'S OMNI DIRECTION IS HIGHER

BUY LONG AREA = 420 / 419

BULLISH POSTURE IS NEGATED IF BELOW 412 X

TAKE PROFIT AT THE 436 / 438 AREA, OR EXIT BY FRIDAY'S CLOSE.
__________________________________________________________________

WHEAT MARCH (ZWH7)

OMNI = HIGHER
OMNI RESISTANCE = 471
OMNI DOWNSIDE PROJECTION = 486 / 487
___________________________________________________________________

EURO CURRENCY MARCH (ECH7)

OMNI = LOWER
OMNI RESISTANCE = 1.3165 / 1.3170
OMNI DOWNSIDE PROJECTION = 1.3095
 
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