ES Journal Archive (2006 - 2008)

romik · Jun 16, 2006

i believ we are off now

romik · Jun 16, 2006

Quote from romik:

long here 1259

sold now due to BRD on 5 min CCI, will hold on and see what happens

romik · Jun 16, 2006

another long here

romik · Jun 16, 2006

Quote from romik:

another long here

had to reverse due to sudden bearish indications in charts

Buy1Sell2 · Jun 16, 2006

I was just kind of drifitng in and out of the charts today and noticed there was a classic Romik 1 min (tm) BRD just before that drop. It was a good one. Easy to see.

Buy1Sell2 · Jun 16, 2006

And now, the classic Romik 1 min(tm) double RSI bottom.

romik · Jun 16, 2006

that's just proves the point that if one IS trading shorter time frames and there is no definite trend on the day, he/she can not ignore divergences (especially multiple ones) for reversal signals, of course timing is rarely perfect, closed the short now and ready for a weekend, YYEEESSS!

Have a nice weekend guyzzz!

romik · Jun 16, 2006

Quote from Buy1Sell2:

And now, the classic Romik 1 min(tm) double RSI bottom.

and to add it wasn't just in 1 minute chart, it showed in 2, 3 and 5 minute time frames.

yvberj · Jun 16, 2006

Well i blew it at the end. didn't take the profit and gave it all back. That's what you get for being a pig.

romik · Jun 16, 2006

another observation, when there is no definite trend during the day and divergences can be confirmed in various time frames, that is a strong signal, probably due to the fact that it becomes more obvious to the majority.