ES Journal Archive (2006 - 2008)

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Quote from optionpro007:

Romik can you elaborate a little here?

How does one trade on delayed data ?

It was a sarcastic remark, I think people that are 'familiar' with me after 3000+ posts, have managed to understand that, hence the only ones that assumed I actually trade off delayed data are Porgie and yourself.

There is some stink going around mentorship on these boards, that some post in need of appreciation, perhaps it is so partially. We all need a pat on the back occasionally. But what's been a real experience for me is following people like B1S2, whose wisdom and unegoistic approach to sharing his wisdom have made me a better all round trader. I can be assumed to be a paper trader & a big headed moron, I do not care about that. What I care about is knowledge that CAN be derived from other people's posts. People that can not find it here, will not find it anywhere. Perhaps B1S2's grail system is not original, we've all heard/read about the failure swing pattern, but by him bringing it to other people's attention and making a statement - Hey, look, it's simple and free, take it, research it, use it and make money with it! has made me respect him. Some just take the pattern and use it like a child would use video camera, pick it up and give it a good whack on the floor. The pattern works if you know how to use it and B1S2 has made a huge effort on his part to explain the ins and outs. Unfortunately, there are/is these people that come to these boards not to gain, but to distract, as for them it's a way to kill time, it is apparent to people with a grasp of common sense and ability to call bullshit. JohnBob has made a perfect remark in these people's direction, but they probably failed to understand who he was referring to. I personally do not wish to develop any sort of following here, what I do enjoy is reading interesting posts and perhaps helping others with what I know, it's all free for the taking.
 
Quote from romik:

But what's been a real experience for me is following people like B1S2, whose wisdom and unegoistic approach to sharing his wisdom have made me a better all round trader.

Thank you very much for the nice comments Romik! Always have my back
 
Quote from Jander:

nice to be long over last night....do you pay much attention to grails that present themselves in after hours ?

Certainly if I am awake after midnight. Otherwise, I defer overnight to the RTH, daily, weekly , monthly.
 
i am used to looking at shorter term intraday charts..5min and less. What time frame do you guys use when looking for signals on the hourly?
 
The 15 still has shorting potential. Right now, I would defer to the most recent reaction low as a place to get out of longs or initiate a short position on a stop. Signal not totally clear yet.
 
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