ES Journal Archive (2006 - 2008)

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Quote from mbusch:

You holding over the weekend? Or are these sell-to-close?
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keepers & building the pyramid......did`nt really want to take the laptop to mexico but looks like i will be.

i do believe we have higher prices ahead....atleast i hope so...
 
Spec, what you gonna do about your position man? ImO 4 hour chart MIGHT put in a 3rd peak + divergence creating a bear flag, but might is the main word, I don't trade long term charts, hope it works out for you.
 
Quote from JSSPMK:

Spec, what you gonna do about your position man? ImO 4 hour chart MIGHT put in a 3rd peak + divergence creating a bear flag, but might is the main word, I don't trade long term charts, hope it works out for you.
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I'm cool, I actually did pretty well today. During my network problems, I was able to quickly use another comp.

Redundancy is pretty good, remember I posted my plan
http://www.elitetrader.com/vb/newreply.php?action=newreply&postid=1580490&
some things to look for if your bullish today.

1) is price above 68
2) is price above MA's
3) is direction of MA's up
4) is price above the open

if any of these things aren't true, then 54 is next.

if these things are true then 84 is next.




Heres a chart, and will post a intraday chart of how it worked out on the next post.
 

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my ma's never gave a sell signal after the transition period.

If I was stubborn, I would be sitting on a sizeable loss, instead of a pretty good outsized gain.

And notice, I had network issues at about the same time, the buy program spilled price over the MA.

So, it just seemed too coincidental, anyways...I think low key is best, in this field.
 

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Volente always has great comments. Realtime calls, or general info that is very helpful. B1S2 and Romik are great also. Please keep the good work up guys.
 
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