ES Journal Archive (2006 - 2008)

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Quote from fearless9:

You have just posted a whole bunch of numbers.
They could represent anything in all fairness.
You will need to expand on this one Wave.
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If you cannot see HVT and do not understand how to work into it, then there is nothing to discuss.

If you cannot understand what is going on there in that simulated DOM, then there is nothing to discuss. touche` :)

But I am still open to constructive discussion.

Best Regards.
 
Quote from Spooz Top:

outside day today or if you`re a candlesticker...dark cloud cover on ES...........expect selling to come in tomorrow for a substantial pullback.
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I was looking at the ES daily chart after I read your post, but do not see what you see there. I see a day that had a higher high, higher low, and higher close than open. Typically, an outside day would be both high and low outside the previous day's range. Help me understand what you are seeing. Thanks:)
 
Some folks here were mentioning that the market should sell off tomorrow. It might, but right now all I see is a continuation bar on the daily chart. A case could be made for stops under the hourly reaction low of 1473 I suppose as the hourly is pulling back a bit. These are smaller time frames than I am on and I will stay long here. :)
 
Quote from Buy1Sell2:

I was looking at the ES daily chart after I read your post, but do not see what you see there. I see a day that had a higher high, higher low, and higher close than open. Typically, an outside day would be both high and low outside the previous day's range. Help me understand what you are seeing. Thanks:)
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basically we traded outside yesterdays range of lo @ 75/hi @ 82.50.......today went lo @ 73.50 & hi @ 84.50.......kind of a sneaky outside day & like you mentioned it`s not that obvious on the charts but nevertheless it still constitutes an "outside day" & one of my signals for a reversal or pullback.i was waiting to sell a bit more up there but never had the setup to add significantly the way i wanted.

just wanted to say that i admire your patience to stay with your conviction & see your trades through.i hope you keep posting regularly & feel that you are a great asset to this site & to aspiring traders seeking a longer term approach.
:)
 
Quote from wave:

The market has shown its short hand here. Will it work, I have not the foggiest clue, if it does run with it.
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and just have a way to get back on board the long train if it leaves the station again. Be there whichever way it goes, learn how to trap your trades on both sides.
 
Alright we have some breakdown in the market on the globex over night. Looking to play the short side until resistance is taken out. Getting short 1477-1478 stop at 1480.25. profit 10+ points 1475 is minor R but due to being countertrend im waiting for max exhaustion.

There are some nice support zones below the market. The globex low actually held at S1 at 1467.50-1468.50

S2 is a very nice zone at 1462-1463

S3 1451-1454

On another note... a very nice setup on the canadian dollar, @CD.

You could get short here, place your stop above the prior pivot high and go for a massive winner. Im talking 20 to 1 reward to risk with good probabilities.
 
Actually it's just another buying opportunity.

Until the newly established Lows have been broken, I'll be looking to buy the dips on this one.

JJ
 
Disregard everything else. Everything you need is in the price and volume. Keep the mind clear of all that other noise and just let the market do what it has to do and just flow with it. Be there whichever way it wants to go.

Some small temporary losses then the big $GAIN. Be in harmony with the market. I've been there done that, yuk, simple is better.
 
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