ES Journal Archive (2006 - 2008)

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Quote from JSSPMK:

I see B1S2 is a fan of histogram, have a look at daily chart's recent histogram in most world indices


Very good observation of the daily chart. My view is that this is a pullback on weekly and monthly charts.
 
Quote from JimmyJam:

My trades are blown, and I'm out for today.

Far worse than that, the logic I was using to generate these trades has proven faulty, so I'll have to go back to the drawing board.

A lot of lessons learned from this one :( .
***
For the record volente_00 (among others Apex82, I mention his name because I said he was wrong) called this move WAY ahead of time, he even created a seperate thread to do so, my analysis said no, my analyss was wrong.

Good trading,

Jimmy Jam
P.S. Osorico has a point B1S2, hope you can take this heat ...

Jimmy jam.. dont be hard on yourself. I am sure your logic would have reaped huge profits the past 7 months. The point is when we get to these extremes you have to start being more cautious. The trend is your friend until its about to end. I have techniques that allow me to use those in my favour. Just reverse your strat and use it on the short side now. It looks like we are heading for 1405 over the next bit. Taking a stop in the 1420 area first.

Good trading
 
Quote from JimmyJam:

My trades are blown, and I'm out for today.

Far worse than that, the logic I was using to generate these trades has proven faulty, so I'll have to go back to the drawing board.

A lot of lessons learned from this one :( .
***
For the record volente_00 (among others Apex82, I mention his name because I said he was wrong) called this move WAY ahead of time, he even created a seperate thread to do so, my analysis said no, my analyss was wrong.

Good trading,

Jimmy Jam

P.S. Osorico has a point B1S2, hope you can take this heat ...

Hi JJ;

I know your feeling bad and you didn't ask me but...

I don't think your analysis is wrong. I just think you are confused as to your trading style. Every entry you listed here (at least the ones I noticed) went into half-way decent profit. Your managing the trade (due to confusion as to whether its day, swing, or position) is where they went bad. jmho

The ultimate goal, more than profits, is to play again tommorrow.

Chin up bud

Osorico :)
 
JJ

>>For the record volente_00 (among others Apex82, I mention his name because I said he was wrong) called this move WAY ahead of time, he even created a seperate thread to do so, my analysis said no, my analyss was wrong.<<

which one please if you meant it serious?

Thanks
 
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