ES Journal Archive (2006 - 2008)

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Thanks.

Quote from JimmyJam:

If they did, they might not want to tell you on a public board. I've looked at them, but they don't suit my fancy, so I don't use them.

This guy does:

Simple as 1-2-3

The guy used to run a room where he taught other traders to use it, I don't know if that is the case anymore or what he is doing these days.

Not a promotion, just sharing information.

Good trading,

Jimmy

P.S. Ultimately, it's a scalping system, and I don't like to scalp.
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Quote from wave:

Being a natural fundamental skeptic, I validated what was taught by B1S2 and added it to my system and it has proven itself a keeper. I end my comments here and leave it to you to prove his statements to yourselves. All the best and once again thank you B1S2.
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Thanks for the comments and support. I am glad that I have been able in a small way to help out. Thanks again>:)
 
Quote from wave:

No not the same. As in many other areas, the 80/20 rule also applies in trading/investing. Best this way I suppose, for I would not want to hit an equilibrium point in my trading. Spend some time validating what was taught in this forum by B1S2.
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I second the above. I am now holding 18th range based position in the ES, like Apex82 suggested earlier in the J we would enter a certain congestion period. I must admit it was frustrating & still is to be stuck in a range bound period, but right now position is up 20pts (just went into the black) & if we get a breakout this week & sustain current support levels, then the following will apply - a whopping 5.5% win rate.
 
Quote from romik:

I second the above. I am now holding 18th range based position in the ES, like Apex82 suggested earlier in the J we would enter a certain congestion period. I must admit it was frustrating & still is to be stuck in a range bound period, but right now position is up 20pts (just went into the black) & if we get a breakout this week & sustain current support levels, then the following will apply - a whopping 5.5% win rate.
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Congrats on sticking through it. That is one of the hardest things to do without moving on and trying something new. The past 2 weeks have been my worst drawdown in over a year if that helps. I know speaking to a couple of other large consistent traders that it was a painful past couple weeks for them as well. There was no volume, no sustained breakouts and no rational reason. The market is starting to get moving again and my equity curve is back on its 45 angle. I can assure you we are so close to a volatility breakout. It will be swift and vicious.
 
Quote from romik:

I second the above. I am now holding 18th range based position in the ES, like Apex82 suggested earlier in the J we would enter a certain congestion period. I must admit it was frustrating & still is to be stuck in a range bound period, but right now position is up 20pts (just went into the black) & if we get a breakout this week & sustain current support levels, then the following will apply - a whopping 5.5% win rate.
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Greetings romik,

Even though I am not completely familiar with the system you are working with, I thought it would make sense to wait for the ADX(18) to make a low (close to 10) before starting to place orders in either direction.

I am not sure it this makes sense to your system. If it doesn't please disregard this message.

Cheers and good trading to you!
 
Vol,

I think a lot of people are resistant still in equities, asking friends and such, not many people are investing like the old days. Most of it is from fund managers.

Lot of people are still scared of the equity market from the 2000 crash. I think thats why the US market has underperformed. The human psyche takes a bit of time to get over it, and only when the averages and stocks move up.

The bellweathers are still sub 50 dollars. If you look at what the american psyche has weathered.

1) March 2000 Crash
2) 911
3) War/Death of our Sons and Daughters
4) Bush/Cheney/Rumsfeld
5) Oil at the Pump

Its almost as if the american psyche has post traumatic disorder as a whole. And just recently we are showing signs of coming out of it. And the stock market is inching forward with that psyche.

Basically the hedgies are frontrunning the american psyche before it becomes full blown optimism again. Thats the core of what is at work here.

Chris
 
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