ES Journal Archive (2006 - 2008)

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Dang, its mighty quiet here today. Had a short at 1402.5 that I was smart enough to cover for a small loss. Guess I'm going to wait and see what happens. Philly Fed at 12:00
 
Quote from Spectre2007:

right now working on a API its amazing how much money its pulling out.
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Do you mean an application program Interface? Please paste the source code :)
 
After the recent volatility, its like watching paint dry - lol

Am I wrong in expecting high volatility at some point today due to quadruple witching hour - or is that assumption historically invalid?
 
theres a guy who exploited an edge in forex, he turned 5K into 15 mil... in a month.

the edges only last for a period of time, then market dynamics change.

the turtles had an edge, but then dynamics change.
 
Usually the big days are on Tuesday or Wednesday during OE week.

Quote from Sponger:

After the recent volatility, its like watching paint dry - lol

Am I wrong in expecting high volatility at some point today due to quadruple witching hour - or is that assumption historically invalid?
More...
 
the edge is a market pattern susceptible to exploitation by a smaller participant. The edge is a result of larger participants working in the market place doing what they need to do. Basically your taking money away from large participants.
 
Quote from Spectre2007:


the edges only last for a period of time, then market dynamics change.
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Thats correct, the markets are constantly changing, I noticed I had to increase my stops this last month due to the volatility increase. But thats the only change I have ever had to make in my scalping method, targets and stops, which means I can keep things simple. I do not look at market or currency correlations, its too dimensional.
 
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