ES Journal Archive (2006 - 2008)

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Quote from mbusch:

Just moved my stop to break-even on the ES short entered at 1536.75. Currently +2 on that trade.
Stopped out at break-even. NYSE A/D turning up. I'm staying flat until I figure out which way the wind is blowing and find a decent entry one way or the other. :confused:
 
Here is my chart with 5 min candles

Aside from pointing out the obvious, what more can a person say?

Edit;

Actually, there is more. For those interested. Price auctions in both directions, to find value. As it does that it determines where it will go by the responsive buying or selling of partcipants. In this instance the "obvious" short intentions of the market are made known when price auctions up, and then cannot find, lets call them "subscribers". That is to say, the market cannot find traders interested in continuing the move up. When that becomes apparent, price can do one of two things, consolidate, or move down...
 

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Quote from steve46:

Here is my chart with 5 min candles

Aside from pointing out the obvious, what more can a person say?

:)

If the trades were so obvious, you could call them for one thing ... but thanks anywho, as always, your hindsight analysis is dead spot on! :D

Ya,

JJ
 
and yours is ass backwards wrong.

Between us, I still have money to trade with..and you....

another losing trade.

Here let me slap another smiley face on my comment

How does that feel...:D :D

Edit

Boy that trin really did a hell of a job for you once more..

I have to admit, I am lovin it knowing that you continue to use that gem of an indicator.
 
Quote from steve46:

and yours is ass backwards wrong.

Between us, I still have money to trade with..and you....

another losing trade.

Here let me slap another smiley face on my comment

How does that feel...:D :D

It feels great!

Call your trades or shut up, those are the only options you have to prove you actually know what you're talking about, and not say, reading it out of a textbook. :p

Good effort though.

JJ
 
I am thinking it will be when hell freezes over princess, that you direct me in any fashion..

You go right ahead with your ass backwards approach to trading rookie.

We are all fascinated

------------------------------------------------

and now for anyone else who might be interested

I would welcome questions from those with the capacity for abstract thought :) (Sorry Jimmy)

I am using very basic MP, 60 min chart action, and then entry using the 5 min.

What I am not using;

Trin, COMPX, other Indices, Vixo, confirming emails from Barbara Streisand, or Lindsay Lohan, sunspots, coin flips, casting chicken bones on the kitchen table..etc..

Always glad to help.

Steve
 
Quote from steve46:

I am thinking it will be when hell freezes over princess, that you direct me in any fashion..

You go right ahead with your ass backwards approach to trading rookie.

We are all fascinated

... and yes, you're exercising extremely good discipline by defacing B1S2's Journal in just the way he said he didn't want you to.

Stop worrying about my trades petit monsieur, and start calling your trades ahead of time so we can see your absolutely perfect record. :p

Ya!

JJ
 
Quote from mbusch:

Hey! Would you two please take it outside?

I never brought it in here.

But if Hindsight Man wants to take pot-shots (in between his perfect record trades from which he must be making, oh tens if not hundreds of thousands of dollars per trade by now) I'll give it right back to'em.

Ya!

JJ
 
Quote from osorico:

Just want to mention there is a 2-day upslope trendline which this particular 15m bear flag is tuned in to. All the indexes, either on the flag, or the break of the flag is sitting on or just below this trendline. Just thought Id mention it.

Osorico :)


EDIT: using cash for move confirmation might be a good idea here.


SPX (cash) has spiked right up to the 2-day upslope trendline @1536.40. Needless to say, the bear flag pattern was indeed a worthwhile trade. Break or failure of the 2-day upslope trendline on cash is now the trade.
 
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