ES Journal Archive (2006 - 2008)

[JSSPMK]

Quote from wareco:

Sorry, but letting a 14 point gain turn into a loser just doesn't make sense to me. Nothing wrong with trying to hit the long ball, but damn.

That is exactly WHY I scale out.

 

[Spectre2007]

heres the crossover that signaled the shift in trend...in 2001

apart from the bond chart I have the above two pics are the most powerful pics for a long term trend system.

 

[wave]

Quote from dmartin:

Wave:

"I hear something"--what are you talking about? Are you hearing voices?

DMartin

Yes, the ghosts of livermore and wyckoff are tipping me off. What an edge! eh.... You mean you ain't hearing it or seeing "it"?

 

[mbusch]

Quote from mbusch:

Stopped out of my shorts at 1458.25
+9 points on initial position.
Break-even on add-on.


May look to re-enter short.

S 1459.25
BS 1461.25 (2 points)
PT 45 and 31

 

[dmartin]

Quote from wave:

Yes, the ghosts of livermore and wyckoff are tipping me off. What an edge! eh.... You mean you ain't hearing it or seeing "it"?

No wonder most "traders" lose money.

DMartin

 

[atticus]

Quote from Sponger:

Continue please.......at what point does this have an effect on the weekly or monthly chart trend?

I'd mentioned on another forum that 24.98 may be the top in the VIX on this move. I went short vol this morning.

 

[kinggyppo]

Quote from wave:

Phantom was a great read. Thanks king. peace.

When I first started trading futures I thought, ok its monday I am going to take $250 or $500 out of the market today. I know that sounds arrogant and stupid as hell, but don't all newbies approach the market as their personal slot machine. Needless to say that I learned the hard way the markets don't give a crap what you think or what your position is. Once I improved risk management my trading was much better, more profitable and most of all less stressfull. Nothing like going to bed deep underwater, no thanks!!

 

[Spectre2007]

similar to the 50 day MA test on the bull run up, which were numerous..if this is a bear run... the 50 day MA gets tested and rebuffed.

looking at everything, the bull is still alive, till those longterm MA's cross.

 

[mbusch]

Quote from mbusch:

S 1459.25
BS 1461.25 (2 points)
PT 45 and 31

Don't like price action. Closed out this trade at break-even. Now flat, until I figure out what this market wants to do.

 

[wave]

Quote from dmartin:

No wonder most "traders" lose money.

DMartin

Aww, cmon open up those loving hearts. Only live once.