ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
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Quote from volente_00:
Hey Vol, you catching this continuation down move?
I figure yesterday's low, maybe a little lower, but hey, we'll see when we see.
My PS should be set outside of the trade's MAE on this trade and I have enough wins in the pocket to catch the next upmove.
Good trading,
JJ
Sometimes Porgie has something of value to say, but more often than not he kicks in with something that pisses you off. If you find him irritating, (after you tell'em off
) just ignore him.We all know he won't post any evidence of his 99.99% System
p , gotta be kidd'in me), so until I am able to perceive proof of it via (any of) my senses, as far as I'm concerned, it doesn't exist.Just go about your day and handle your business, that's all that matters.
See him as the comic relief role that he wants to play, and leave it at that.
Good trading,
Jimmy Jam
P.S. If you ever want to play it straight with us Porgie, we'll be waiting with open arms.
- one of the few games in town where that can be said to be true.Nevermind make that 6.5 points... we could be in store for some goooood trading tomorrow. I am telling you there is very good odds this bull run is over. At least for the short term. I dont put my ass out on the line a month or 2 in advance calling a top for no reason... its powerful stuff.
I think it is a good idea to look at global market correlation, the down move in DAX that came this morning is either reflected or linked to the US & Asian markets. I think we will all do a bit better to assert pre-volatility times when most major indices are looked at simultaneously. As when they all or most show either weakness or strength that will narrow down a time frame of when to expect volatility. Because let's face it we all love volatility, nobody likes the slow grind
I also believe that when pre-volatility analyses start narrowing the time frame if you are trading just US markets you really have to pay attention to what is happening in Europe as often enough the move will start there in your night session, don't sleep, drink coffee.
I also believe that when pre-volatility analyses start narrowing the time frame if you are trading just US markets you really have to pay attention to what is happening in Europe as often enough the move will start there in your night session, don't sleep, drink coffee.
If tomorrow's session breaches the Gap down, the Bulls will have a chance, if not ... not.
Moved PS out of the way of the last wash-out selling, believe it's done for the day (er, night), adding to Long @ with a Buy Stop @ 12604 (would show buying coming in), if it's hit, that will give me an for an average price of 12625, PS moved to 12575.
I think I'll sit and watch for a minute.
Good trading,
Jimmy Jam
Buy Stop filled, average price of 12624.
Price is just below yesterday's low, so it should be easy for it to come in the green.
Time to get some sleep.
JJ
edit: I wish, market bounced down in the blink of an eye and I'm out 140 pts YM, yikes that's going to take some work to makeup. Currently Long 2 YM @ 12584, potential resistance @ 12620.
Price is just below yesterday's low, so it should be easy for it to come in the green.
Time to get some sleep.
JJ
edit: I wish, market bounced down in the blink of an eye and I'm out 140 pts YM, yikes that's going to take some work to makeup. Currently Long 2 YM @ 12584, potential resistance @ 12620.
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