ES Journal Archive (2006 - 2008)

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Quote from JimmyJam:

Oh, you again.

I'm not going to get into it with you on this board Stevie.

Too much respect for B1S2.

Good trading,

JJ

Actually you only have "respect" for people when it is convenient for you "Jimmie".

Back to the topic of the day. The early balance was narrow so it was pretty easy to see the transition when the institutions decided to take it short at 11:05. Also, the 11 O'clock EST hour is when advancing issues turned down..You had to be looking at the right data.

Finally, there was another chance to get short at 11:50 EST at 1507 based on bar volume and continuing downturn of advancing issues. For those who are into it, Market Profile and one EMA give me enough data to decide on a good profit target.



Thanks
 
Thanks for the comments guys.... I have been patiently waiting to get short for awhile now.

Reshorting 1506.75 on a bounce 1.5 stop

target is 1502.50 and then new lows.

reducing size due to the gift the markets gave me today
 
Quote from steve46:

Actually you only have "respect" for people when it is convenient for you "Jimmie".

Back to the topic of the day. The early balance was narrow so it was pretty easy to see the transition when the institutions decided to take it short at 11:05. Also, the 11 O'clock EST hour is when advancing issues turned down..You had to be looking at the right data.

Finally, there was another chance to get short at 11:50 EST at 1507 based on bar volume and continuing downturn of advancing issues. For those who are into it, Market Profile and one EMA give me enough data to decide on a good profit target.



Thanks

I'm glad MP is working for your Stevie, I personally don't use it.

I have respect for those who give it to me. :)

The results of my live call and trades are there for everyone to see, good, bad and indifferent. Anytime you want to start making a few of your own (just like everyone else here) instead of giving the rather succinct after the fact trade analysis, feel free to step into the fray. That, and talking trading, is what this board is all about.

Until then, you're just a petulant guy with the emotional development of a 14-year old who's bringing an arguement from one board to another, and attempting to appease your EGO by trashing someone else's calls, when making none of your own.

Not too swift.

Jimmy Jammin
 
I don't mind educating you a bit.

You don't have to "call the market" to make money

All thats necessary is to accurately identify imbalances and wait
for the market to respond up or down to get back into balance.

You (and others) are amateurs, you get hooked into the ego trip of "calling the trade"...Too bad, especially if you have no talent for it to begin with.

For those who do have an interest in getting to another place. All you do is learn to spot imbalance based on a couple of simple data points. Because price slows down and consolidates at balance points, a trader who is properly oriented to the movement has plenty of time to decide on his trade and get positioned. Even a newby could work that kind of system simply bracketing the market.

All you have to do is put in the time.

Steve
 
Quote from steve46:

I don't mind educating you a bit.

You don't have to "call the market" to make money

All thats necessary is to accurately identify imbalances and wait
for the market to respond up or down to get back into balance.

Because you (and others) are amateurs, you get hooked into the ego trip of "calling the trade"...Too bad, especially if you have no talent for it to begin with.

For those who do have an interest in getting to another place. All you do is learn to spot imbalance based on a couple of simple data points. Because price slows down and consolidates at balance points, a trader who is properly oriented to the movement has plenty of time to decide on his trade and get positioned. Even a newby could work that kind of system simply bracketing the market.

All you have to do is put in the time.

Steve

Of course you don't have to make calls to make money, we just do it for fun with guys that we like to hang-out with ... while serious freaks like you run around, stalking people they have a beef with, and pouncing on them at the first trade that goes against them, and then pontificating on-and-on about their latest system.

Scary

I'm tell'in ya Stevie, there are plenty of folks who could use your expertise around here (guy named Trading Billions would've sold his left *** to ge the info that you're giving away for free), but I'm not one of them.

JJ
 
Quote from apex82:

Thanks for the comments guys.... I have been patiently waiting to get short for awhile now.

Reshorting 1506.75 on a bounce 1.5 stop

target is 1502.50 and then new lows.

reducing size due to the gift the markets gave me today

Ah, back to guys I actually like around here.

There might be one more drop (opportunity to get LONG), but what I'm looking at says the financials are bottoming.

Good trading,

JJ
 
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